FET is currently stuck at 0.2773, just looking at the technicals you need to think it over. The MA20 moving average is tightly pressing down, and there’s hardly any volume to support a rebound, it's completely a fake-out move. RSI just crossed above 50 and then turned downward, this signal doesn't lie.



Look at the volume during the rebound, sparse and weak, unable to stand firm. What does this mean? Retail investors can't hold, and the main players haven't really exerted effort. With this momentum, it will eventually drop again. Many people are waiting for a rebound opportunity, but that opportunity might just be a trap—the trap of catching the falling knife.

At the 0.2773 level, I think there's no need to overthink, just go with a market sell order. The bottom signal hasn't appeared yet, so let's wait and see if the technicals can give a new direction.
FET0.32%
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ChainWanderingPoetvip
· 22h ago
It's the same old trick again, a rebound with no volume means it's dead... Forget it, let's wait until it breaks below before talking.
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PerpetualLongervip
· 22h ago
Wait a minute, why does this analysis sound so heartbreaking to me... MA20 pressing down, declining volume, RSI turning around, isn't this just a bearish signal? But I just want to ask, before the bottom signal appears, can we really wait it out? I'm still pondering whether to catch the bottom, brother. Isn't the 0.27 level the last chance...
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Deconstructionistvip
· 22h ago
Fake-out again, I'm really tired of the rebound when the volume doesn't cooperate.
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MerkleDreamervip
· 22h ago
A fake move, the volume is too thin, this rebound can't hold up at all, I am actually bearish.
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