FET Coin Struggles at Crucial Support Level. 📍🤯
The Artificial Superintelligence Alliance (FET) coin is facing a make-or-break moment at its current price of $1.15. After a steady decline since May, technical indicators point to a potential breakdown if the support level doesn't hold.
📍Key takeaways:
🔹Descending triangle pattern suggests ongoing bearish trend.
🔹Bearish MACD crossover indicates declining momentum.
🔹Death cross formed in the 2nd week of July strengthens the negative outlook.
📍What's next for FET?
🔹If support breaks, the price could fall to $1.05.
🔹If demand increases, the price could rise to $1.60.
Investors should closely monitor this critical juncture for FET's future direction.
