Based on Coinotag, the Artificial Superintelligence Alliance (FET) token fell 14% over six days due to overbought conditions and a $13.2 million drop in derivatives open interest, including $1.4 million in liquidations. Despite the decline, $6.5 million in spot inflows and bullish technical indicators like a MACD crossover suggest a potential rebound. The RSI at 48 and positive funding rate indicate fading selling pressure and growing buyer interest.
FET Price Drops 14% Amid Overbought Conditions, Spot Inflows Signal Potential Rebound
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