$FET 💣 FET Might Dump – Big Double Top Forming on the Chart! ⚠️📉

👀👀 Fetch.ai (FET) just flashed a classic double top pattern — and that’s a big red flag for bulls. 🚨🚨 This formation often signals a trend reversal, and with volume drying up and resistance holding strong, sellers might be getting ready to take control. 🐻🐻

🧱🧱 FET tried to break past key resistance twice, but both attempts were firmly rejected, forming the dreaded “M” shape on the chart. 📉📉 The neckline sits dangerously close, and if it breaks, we could see a sharp drop toward $1.30 or lower in a flash. 💔💔

📊📊 Technicals are weakening:

🔹 RSI is rolling over from the overbought zone

🔹 Bearish divergence showing on multiple timeframes

🔹 Lower highs forming despite bullish sentiment

💣💣 Add to that some aggressive sell orders hitting the market, and it looks like big players may be de-risking their positions. 🧨🧨 Momentum is fading, and unless bulls step up hard, the chart could unravel quickly. 🕳️🕳️

📉 Key Breakdown Levels:

🔸 Neckline support: ~$1.53

🔸 Breakdown target: ~$1.30

🔸 Major support zone: $1.10–$1.20

🧠🧠 While the AI narrative is still strong long term, this local top could trigger short-term pain. If FET can’t reclaim the neckline fast, the next leg may be down. 📉

❗❗ Stay alert. The chart's warning signs are flashing. If you’re in profit, it might be time to tighten those stops or lock in gains before the storm. 🧊🧊

🔥 FET’s double top could mean double trouble — are you watching the breakdown? 🫣🫣