Markets· ★★· bullish·

FET jumps 20.55% to $0.238 amid $400M short liquidations

  • —FET gained 20.55% in 24 hours to $0.238
  • —Daily volume was double the 30-day average
  • —About $400 million in shorts liquidated market-wide
  • —RSI at 72.1 signals overbought conditions
Why it matters: Momentum in AI tokens could extend, but overbought readings raise the risk of a pullback after the rally.
#FET
Source: DiarioBitcoin
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