$FET is currently trading at 0.730, near the lower Bollinger Band at 0.711.
The price decline of -1.102% could indicate potential support at 0.709.
If it breaches this level, further downside is likely.
Volatility appears to be contracting, suggesting a potential breakout or breakdown soon.
Consider placing a stop-loss just below the support at 0.706 to manage risk.
If the price stabilizes above 0.711, waiting for a breakout towards resistance at 0.758 would be prudent.