FET Falls 8.34% and Trades Below All Major Moving Averages
- —FET closed at $0.1665 versus a $0.1815 open, within a $0.1645–$0.1848 daily range
- —Volume of $209.3 million was 6.57% above the 30-day average of $196.4 million
- —RSI at 36.3, stochastic at 4.6% and MACD histogram negative
- —Price trades 6.9% below the intraday VWAP and under the 7-, 30- and 200-day SMAs
Why it matters: The drop without a token-specific catalyst shows FET remains a high-beta asset driven by overall market sentiment.
Source: DiarioBitcoin