🔻 $FET Falls -6.72% — Trend Reversal or Just a Pullback?
#Fetch.ai (FET) took a sharp hit today, dropping to $0.722 after losing key support at the 7-day and 25-day moving averages. The recent local top of $0.887 now feels distant as sellers regain control. 📉
📉 Breakdown Highlights:
• Price broke below all major MAs (7, 25, and 99), signaling short-term weakness
• Volume is declining, showing fading buyer interest
• Current zone around $0.72–$0.70 is a make-or-break support
• A breakdown below $0.699 could trigger a deeper move toward $0.66–$0.60
Unless bulls reclaim MA(25) at $0.737 soon, $FET risks flipping bearish. Eyes on the next 1–2 candles — momentum is fragile.