FET tests resistance as sellers cap the bounce

EMAs: Price at 0.27 trades below the EMA20 (0.35), EMA50 (0.47), and EMA200 (0.65). This alignment confirms a prevailing downtrend, where rallies may meet supply. RSI: The 14-period RSI at 28.98 sits in oversold territory. This shows sellers still dominate, though short-term bounces could appear as mean reversion.

Source: en.cryptonomist.ch

Related symbols: FETUSD