Markets· ★★· bearish·

FET Falls 5.36% to $0.186 as Technical Momentum Weakens

  • —FET trades at $0.1863 versus an open of $0.1969
  • —RSI at 41.5 and MACD negative: line -0.00536 vs signal -0.00067
  • —Volume of $198.7 million is only 0.67% above the 30-day average
  • —Down 7.71% over 7 days and 11.66% over 30 days, but up 22.99% over 90 days
Why it matters: A decline without a clear catalyst and below key averages points to technical weakness rather than a news-driven move.
Source: DiarioBitcoin