FET remains under technical pressure despite small daily gain
BROBROK News · Based on reporting by DiarioBitcoin ·
FET is trading at $0.1623939 and is down 32.24% over the last 30 days. Although the data feed shows a 0.76% daily gain, the current price is below the prior close, so the move is not a clear sign of a rebound. Technical signals remain weak, with price below all listed moving averages, volume under the monthly average, and a bearish MACD reading.
Key points
- FET is down 32.24% over 30 days and 8.86% over 7 days
- The reported +0.76% daily change does not match the price being below the previous close
- Daily volume was 27.92% below the 30-day average
- RSI at 35.4 and a bearish MACD point to weak momentum
- The token remains far below the listed moving averages and its $3.44 ATH
Why it matters
For crypto investors, this is a reminder that a positive daily print does not necessarily confirm a trend reversal when price action and volume remain weak. With no confirmed external catalyst, the market structure still looks pressured.
Original headline: “FET: la presión técnica persiste pese al avance diario reportado”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.