The data doesn’t lie. After failing to hold higher levels, $FET is showing clear signs of weakness. We are seeing a "Heavy Structure" with fading momentum, and the price is slipping back toward lower support zones.
The Bearish Setup:
🔻 Current Price: $0.2251
🔻 Crucial Level: If we break $0.224 cleanly, expect the downside to accelerate.
🔻 Potential Targets: $0.215, $0.200, and even $0.178 in a worst-case scenario.
Technical Analysis:
The recent push looks more like a "Temporary Spike" than a real trend shift. Without a strong follow-through, the risk of a deeper drop is much higher than a breakout right now.
My Strategy:
I’m staying cautious. It’s better to miss a small move up than to get caught in a long drop down. Protection of capital is priority
What do you think?
Is this a "Healthy Correction" or the start of a deeper dip? Let me know your entry points below!
#FET #ASI #CryptoWarning #TechnicalAnalysisPost #Write2Earn #Bearish #BinanceSquareFamily