FET Analysis
Price Action: FET is currently trading at 1.602 with a 5.38% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in FET.
Moving Averages: FET is currently below the 50-day moving average, indicating a short-term downtrend. It's also below the 200-day moving average, suggesting a longer-term downtrend.
Resistance Level: A key resistance level to watch is around 1.708. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 1.545. If the price drops below this level, it could indicate a further downtrend.
