Bearish Trend with Tactical Bounces

FET Analysis: Multi-timeframe view
D1 — The main trend
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.
MACD: MACD line -0.08 equals signal -0.08, histogram ~0.00. Momentum is stalled, suggesting the market is waiting for a fresh catalyst before the next leg.
Bollinger Bands: Middle band at 0.36 with upper 0.60 and lower 0.12. Price near the lower half implies pressure remains on the downside, while room exists for a rebound toward the mid-band.
ATR14: At 0.04, daily volatility is moderate. Position sizing should respect these swings to avoid being shaken out.
Pivot: PP at 0.26, R1 0.27, S1 0.25. A daily close above 0.27 could ease pressure; a drop below 0.25 would likely re-energize sellers.
H1 — Intraday structure
EMAs: Price 0.27 holds above the 0.26 (EMA20) and 0.25 (EMA50), and near the 0.27 (EMA200). Intraday buyers have the ball, but the proximity to EMA200 suggests a testy battlefield.
RSI: At 65.90, momentum is positive. Buyers have the short-term edge, though overextension could invite quick pullbacks.
MACD: Line 0.01 above signal 0.00 with a flat histogram. Upside bias exists, but conviction is limited.
Bollinger Bands: Mid 0.26 with the upper band at 0.27. Price hugging the upper band hints at a squeeze; a breakout or snapback could follow.
ATR14: Around 0.01, indicating tight intraday ranges that can expand abruptly on news or liquidity shifts.
M15 — Micro momentum
EMAs: Price trades above the 0.26 short EMAs and the 0.25 long EMA200. Micro-trend is constructive.
RSI: At 57.84, momentum leans bullish but not stretched. Buyers are probing higher.
MACD: Flat near 0.00, signaling balance — a breakout could tilt the scales.
Bollinger Bands: Mid at 0.27 with tight bands (0.27/0.26). Compression implies an imminent move.
Overall, the FET Analysis shows a bearish D1 backdrop while H1 and M15 lean constructive. This split favors tactical bounces within a larger downtrend — caution remains warranted. For a deeper market perspective, see Crypto Market Resilience: Hougan on DeFi and Market Recovery as it relates to DeFi flow and resilience.
Market context
Total crypto market cap: 3843926897393.22 USD; 24h change: 1.43%. BTC dominance: 57.78%. Fear & Greed: 30 (Fear).
High BTC dominance and a Fear reading usually weigh on altcoins. In this backdrop, the FET Analysis suggests rallies may face headwinds unless sentiment improves. More context can be found in our overview of Lbank incubator program launches $1 billion talent fund for Web3 builders as it relates to sector development.
Ecosystem and DeFi flow
Chain-specific data: not provided.
DEX fees: Mixed signals — Uniswap V3 and V2 show notable 1d drops, while Curve and Fluid DEX post 1d increases. Over 7–30 days, performance is uneven, indicating selective participation rather than broad risk-on.
Overall, this supports a cautious FET Analysis: activity appears fragmented, and liquidity favors larger venues. You can explore more about the official Fetch.ai ecosystem at Fetch.ai – Build. Discover. Transact. and review live price actions and cap at FET price and chart.




