$FET Weekly vs Daily Picture After $0.1805 Sweep
FET is trading at $0.1827 - $0.1828 right now, -8.24% today. Mark Price $0.1827. 24h High $0.2003 / Low $0.1805 with heavy volume — 315.24M FET / $59.26M USDT. So $0.1805 low got swept and bought back.
What I'm seeing on higher timeframes:
On 1W, picture is brutal but important. ATH was $3.4917 in June 2024, then full bear down to $0.1152 low on Dec 01 2025.
That's -96% from top. Now we are at $0.1827 — still basing near the bottom, not even close to recovery. Volume on weekly: Vol(FET) 1.19B / Vol(USDT) 229M with MA(5) 2.18B and MA(10) 1.89B — volume is actually rising on this base, which is interesting.
On 1D, structure is clearer. We bottomed at $0.1191 on July 15 2026, then rallied to $0.2888 top, then second rally to $0.2600+ in September, now pulling back to $0.1828.
Vol(FET) 285M / Vol(USDT) 53.4M with MA(5) 297M / MA(10) 306M — volume is still elevated on this pullback, so distribution is happening but not capitulation.
Performance: Today -0.49% / -0.54%, 7 Days -12.20% / -12.25%, 30 Days -10.30% / -10.35%, but 90 Days +21.23% / +21.30%. So short term weak, but 90D is still green — this is a pullback inside a larger recovery.
My take:
$0.1805 - $0.1827 is the immediate support zone I'm watching. This was the 24h low and the base that held. If we lose $0.1805 with a daily close, next support is $0.1191 July low — that's the invalidation level. I don't want to see that break.
Resistance: $0.2003 24h High first, then $0.2226 and $0.2600-$0.2888 top zone. For bulls to take back control, I need a daily close above $0.2003 first, then above $0.2226.
I'm not chasing long at $0.1827 in the middle of this 7-day -12% drop. Waiting for either: 1) Hold above $0.1805 and reclaim $0.1853-$0.2003 for a scalp long toward $0.2226, or 2) If $0.1805 breaks, I'll wait for $0.1191 retest.
Is $0.1805 the bottom for
$FET or are we going to sweep $0.1191 again?👇
#FET #FETUSDT #BinancePick #TeslaSlides5%PreMarket #KOSPISinks3.52%ToLowestCloseSinceApril