A key Bearish Flag has formed on FET. Analyze the breakout level now.
Bearish continuation if preceding move was down.
Market participants tracking Fetch.ai should note the latest formation. Currently at $0.19, the asset is showing downward momentum (-2.4%). Price action has carved out a classic Bearish Flag. The trend indicator is reading 17.1/100, suggesting moderate momentum. A potential breakout level is identified at $0.18, targeting $0.08 with support near $0.22 (R:R 2.67).
What is your outlook on FET?