$FET is currently experiencing bearish momentum, down 3.08% in the past 24 hours, resting near the lower Bollinger Band at 0.7406, suggesting potential short-term support. However, with the 24h low at 0.735, a drop below this level could affirm further weakness. As volatility appears to be contracting, traders might expect sideways movement. Implement a stop-loss around 0.730 to mitigate risks. Recommended action: set alerts for rebounds near 0.7406, while waiting for confirmation before entering positions around 0.735-0.740.
