Alert: Unusual Selling Activity on $FET in Binance USDT Market!

$FET is seeing some intense selling pressure on Binance, with 7.74M USDT traded in just 11 minutes, making up 13% of its daily volume.

This sudden shift has traders on high alert, questioning whether this signals a deeper correction or a temporary dip.

Here’s the breakdown:

Current Price: $1.49 (down 1.90%, showing significant selling pressure).

24-Hour Volume: A massive 66.2M USDT, indicating high market activity despite the downturn.

Last Alert: The last alert for $FET was 2 weeks ago, making this fresh activity even more intriguing.

This wave of selling could be driven by large investors taking profits, or it could be a response to shifting market sentiment. With 13% of the daily volume moving in just 11 minutes, this quick change suggests there’s a lot happening under the surface.

What’s next for FET?

The sharp drop could signal a potential pullback or a market correction, but with such high volume, FET could also see a bounce if support levels hold.

Traders will be watching closely to see if this selling pressure continues or if it starts to ease up, giving the coin room to recover.

Pro Tip: Keep an eye on the price for any signs of stabilization or reversal.

Volume will be key if the selling slows and buyers step in, we might see a turn around.

Is this the start of a deeper sell-off, or is FET just going through a temporary dip? Stay sharp and track the action things are moving fast!

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