Markets· ★★· bearish·

FET drops 11.47% to $0.161 on above-average volume

  • —FET is down 14.15% over 7 days and 27.21% over 30 days
  • —Volume of $222.2 million is 13.12% above the 30-day average
  • —RSI at 34.4 and stochastic at 13.5% approach oversold territory
  • —Nearest support sits at $0.1514; price is 7.06% below intraday VWAP
Why it matters: Trading below all moving averages on elevated volume signals weak momentum; holding $0.1514 will determine whether the decline extends.
Source: DiarioBitcoin