FET just got rejected again at the $0.31 resistance 📉
After another failed breakout attempt,
$FET corrected ~9.3% in 24h. What stands out isn’t just the rejection — it’s the weak volume. This breakout attempt had only half the buying pressure compared to last week. That’s a warning sign ⚠
Zooming out: the macro trend is still bearish. Last year’s structure never recovered, and while momentum indicators (AO, CMF) hint at a possible shift, confirmation is missing. A real structural flip only happens above $0.46 — until then, this is a range game.
Short-term, FET is stuck between $0.269–$0.315. A liquidity sweep near $0.265 could offer a speculative bounce opportunity, but a breakdown below $0.26 likely opens the door for further downside.
My take: trade the range, stay flexible, and don’t marry the bias. The market decides — not hope 🧠
