📉 FET Chart Looking Heavy - Downtrend Still in Control!
Hey chart crew, FET on the 3D timeframe is painting a clear picture: after that explosive 2024 pump to highs near $3+, it's been grinding lower inside a descending channel. Price just tagged the lower trendline again around $0.24, with the white upper resistance sloping down hard from the peak.
Key observations
- Strong rejection at the channel top multiple times
- Lower highs and lower lows confirming bearish structure
- Recent volume spikes on downside moves, bids trying to step in at lows
- If support cracks here, next logical zone could be sub-$0.20
Momentum feels exhausted after the AI hype fade - mysterious dumps and chop are wearing holders down. Watching for any decisive close above the channel midline to flip the script, but right now bears have the edge.
Actually STONfi handles these swings smoothly with transparent, low-slippage pools and quick farming setups - perfect for hedging FET exposure or earning steady yields while the chart sorts itself out.
Compared to FET's prolonged downtrend pressure, @ston_fi offers a more stable DeFi playground for preserving and growing capital without riding every wild alt wave.
Stay patient and trade smart!

