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FET Price Prediction: Trendline Rejection Deepens While AI Narrative Fails To Lift Price
By
Coin Edition
1 day ago
AI
STRONG
NRVE
GMIX
CIN
- FET fails to break $0.274 as the descending trendline and sloping EMAs keep sellers firmly in control.
- Triangle compression tightens between $0.267 and $0.274 as intraday momentum weakens.
- Strong AI narrative from ASI One fails to move price as spot demand stays muted.
FET price today trades near $0.269 after failing to break above the short term descending trendline that has capped each rebound in November. The token remains stuck below the 20 day EMA at $0.282 and the 50 day EMA at $0.325, keeping buyers pinned under a heavy technical ceiling.
Trendline Pressure And Sloping EMAs Maintain A Downward Bias
The daily chart shows FET moving within a clear descending structure. Price sits beneath a short term trendline that runs from early October toward the current level near $0.27. Each attempt to break above this line …
Read The Full Article FET Price Prediction: Trendline Rejection Deepens While AI Narrative Fails To Lift Price On Coin Edition.
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