FET falls below $0.13 as selling intensifies – Can bulls regain control?

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FET dropped 5.82% in 24 hours to $0.125, breaking below the $0.1311 support level that had repeatedly held. The four-hour RSI stood at 21.23, indicating extreme selling pressure, while the MACD confirmed the downtrend. Unlike other cryptocurrencies such as QGN, GMX and CHZ, FET ranked among the assets with the largest negative altcoin netflows, with withdrawals exceeding deposits during the measured period. This weakness reflects a broader repricing of AI-linked tokens following an earlier wave of speculative demand.

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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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