$FET /USDT — Bearish Momentum Takes Control ⚠️
$FET/USDT is flashing a MACD bearish crossover on the 30m chart, with price currently around $0.1747. Short-term momentum is shifting toward sellers, and the next few candles could determine whether this becomes a deeper pullback or simply a temporary correction.
Support 🛡️
First support: $0.1720–$0.1700
Major support: $0.1660–$0.1640
A clean breakdown below $0.1700 could accelerate selling pressure.
Resistance 🚧
Immediate resistance: $0.1780–$0.1800
Stronger resistance: $0.1850–$0.1880
FET needs to reclaim $0.1800 with strong volume to weaken the bearish setup.
Next Target 🎯
Bearish targets: $0.1700 → $0.1660 → $0.1600
If $0.1600 fails, the downside could extend further.
Pro Tip 💡
Don’t chase the first red candle. Watch how price reacts around $0.1700 support and whether MACD begins turning back upward. A failed breakdown can trigger a sharp rebound, while a confirmed break with volume strengthens the bearish continuation setup.
Key Level: $0.1700
Above $0.1800 = bearish pressure may weaken.
Below $0.1700 = sellers gain the advantage.
Trade the confirmation, manage risk, and never let one signal decide the entire position.$FET #Nvidia AI compute futures launched #Zondacrypto fraud investigation #Ray Dalio warns on debt, suggests Bitcoin #Hyperliquid urges SEC/CFTC on perpetuals framework