FET crypto posts a 4% technical bounce amid broader altcoin weakness

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The FET token rallied 4.54% in 24 hours, demonstrating relative strength against a broadly pessimistic altcoin market. This bounce coincided with Bitcoin’s recovery following the Federal Reserve’s interest-rate decision. Despite this short-term gain, FET was still down 6.52% over the past week. Technical analysis suggests a bounce toward the $0.149-$0.158 zone would likely offer a selling opportunity. The broader downtrend remains intact until key resistance levels are reclaimed.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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