
🚨 $FET IS UNDER HEAVY SELLING PRESSURE — CAN BUYERS DEFEND $0.1900?
FET/USDT is showing a clear bearish setup on the 4-hour chart, and the next reaction around support could be important.
According to the chart, FET is trading near $0.1967, down 9.27%, with a 24-hour high of $0.2202 and a low of $0.1900. Trading volume stands at approximately 16.66M FET, worth around $3.39M USDT.
The price has fallen sharply from the recent high near $0.2444. It is also trading below the 5, 10, and 20 moving averages, suggesting sellers still have the upper hand.
Here are the levels worth watching:
🔻 Support: $0.1900. A breakdown below this level could invite further selling, although confirmation is needed.
🔹 Resistance: $0.1980–$0.2031. Buyers would need to reclaim this area to show that recovery momentum is building.
There is a small bounce near the recent low, but that alone does not confirm a reversal. If buyers defend support and volume improves, a recovery attempt becomes possible. If selling continues, the bearish structure may remain intact.
Traders should also note the security-related headline visible in the app concerning Fetch.ai and NuNet. Its full details and any direct market impact are not confirmed by this chart alone.
The big question now: Will FET buyers defend $0.1900 and attempt a recovery, or will sellers push the price into another leg down?
The market doesn't reward guesses; it rewards waiting for confirmation.
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