Latest Market Analysis:

👉For short-term price action, I observe that the market may see a pullback and retest the $0.1520 support area.

Key support below: $0.1430 - $0.1350.

👉If we look at the daily chart, the price is currently in a relatively stable state, located in the resistance and retest area. It is worth noting that the main trend of FET is still bearish! From the weekly and monthly charts, the market may fall further.

👉Currently the market sentiment is relatively stable [neutral area on the daily chart]:

$1.720 - $1.430.

Key resistance above: $1.750 [50% Fibonacci retracement level of D1].

👉Overall, my current market sentiment is bearish (short-term).

While the short-term market heat looks bullish, FET is still blocked below the major resistance levels. Bulls must break through the major resistance levels of $1.750 and $2.00! Newly consolidated (#ASI) token issuance could bring selling pressure!

Is this a whale sell-off before another crash? 👀 Let's wait and see. #FET！ #CryptoTradingGuide #热门趋势 #热点话题 $FET