$FET FET Showing Weakness 😓📉 | Bearish Market Structure Taking Over 🚨🧊
⚠️ FET might be slipping into dangerous territory as signs of a bearish market emerge on both the charts and on-chain metrics 🧯📊.
🔻 The price is trending below key moving averages, and a series of lower highs confirms the weakening structure 🪓📉. A bearish crossover in the MACD just occurred 💥🔻, and RSI is diving toward oversold levels 🎯⬇️ — momentum is clearly fading. This isn’t a time to chase green.
📉 Volume spikes have flipped red 🔻📛, indicating heavy sell pressure dominating the order books 🧱💔. Buy volume is drying up fast, and whale distribution is increasing 🐋📤 — signs that big players are offloading positions.
🏦 On-chain data reveals exchange balances are rising ⬆️🪙 — tokens are moving onto exchanges, which often precedes major sell-offs. Wallet growth is slowing too, a sign of weakening network activity and trader interest 💤📉.
📉 Social sentiment is cooling rapidly 🌪️📉. Engagement is fading, and the hype around AI-related narratives isn’t enough to stop the bleeding. There’s no strong support zone close by, making the drop even riskier for holders.
⛔ Traders should stay defensive in this zone — protect capital, and don't trade without a plan. Manage risk and keep emotion out of it. Sometimes the best move is no move at all. 🛡️📉
Until clear reversal signals appear, the bearish outlook dominates for now. 🧊💔 Stay cautious, and let the trend confirm the next direction before jumping back in.
⚠️ Not financial advice — always DYOR 🧠📚