FET is currently holding within a support zone and may be forming a potential triple bottom pattern.
For confirmation of this pattern, a bullish reversal is needed, indicating a break from the existing downtrend.
However, if this doesn't occur, there's a possibility that FET could decline further to test or clear out the recent lows.Current Price: $1.089Change -7.71% #FET
🚨Market Update: Bitcoin has dropped below the $65.7k mark, which was previously acting as 4-hour support. We’ve observed a bounce from the $63.5k area, aligning with last week’s low.
This zone is crucial to maintain, as it represents the range lows. If the $63.5k level holds, we could see a push back up towards $65.7k, where previous support might now act as resistance.