CandleFocus

FET Crypto Battles Critical $0.75 Support—Will Bulls Hold Or Succumb?

The price of Artificial Superintelligence Alliance (FET) crypto has fallen below its key support level of $0.75. This level had previously acted as strong resistance in 2022 but became support in early 2023. Currently, FET is trading at $0.6336, down 12.35% in the last 24 hours. The $0.75 level is being retested and a move back to $1.00 - $1.20 may be possible if there is successful support. However, if it is rejected, FET may drop further towards $0.60 or lower. Technical indicators and trading activity suggest that FET remains in a bearish trend and speculative interest is weakening. Traders are awaiting confirmation of what comes next, and a reversal attempt may occur if buying momentum rises.

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