$FET
🚨 FET Might Dump — There's a Lot of Sellers, Strong Trend Line at Dump 💀📉
😬 Things are heating up in the worst way for FET (Fetch.ai), and not in the bullish sense. The chart is screaming “get out”, and if you’re ignoring the signs, you might just ride this one straight into the red zone. 🔻
📊 Zooming into the charts — especially the 4H and 1D timeframes — we’re seeing a clear descending trend line. This isn't just a casual slope; it’s a rock-solid resistance wall that FET keeps bouncing off. Every breakout attempt is being slapped down harder than the last. Sellers are standing tall, while buyers seem to be losing steam. 🧱💨
📉 The overall structure? Classic bear flag vibes. The trend line is strong, and price action keeps forming lower highs. Volume is fading, and sell pressure is growing. That’s a dangerous combo. The flag is forming perfectly, pointing toward a potential hard breakdown if bulls don’t step in soon. 🚩
📉 RSI is steadily declining, flirting below neutral. MACD? Bearish crossover confirmed. Momentum indicators all say one thing: the bulls are losing control. The market is whispering dump, and that whisper might turn into a roar soon. 🔊🐻
💥 Big sellers are dominating the order books, and even minor rallies are met with instant rejection. The sentiment has shifted — AI hype is cooling off, and FET’s price looks like it’s about to follow suit. 💔📉
🧠 Key levels to watch:
🔻 $1.10 – soft support
🔻 $0.98 – possible breakdown zone
⛔ Below that? Expect freefall toward $0.85 or worse.
📉 Any breakdown under that flag support, especially with BTC weakness, could send FET tumbling fast. It’s hanging by a thread, and if that thread snaps, it’s dump city. 🕳️💣
🚫 Right now, buyers are MIA, and sellers are in full control. The trend line is stiff, the sentiment is shaky, and the technicals are aligning for a potential big move downward.