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Summary
• Price dropped 6.8% from $0.219 to $0.211 after a sharp 5-min bearish engulfing pattern and strong rejection above $0.215.
• RSI(14) reached 28, signaling oversold territory, while MACD turned negative with bearish crossover.
• Volatility expanded as Bollinger Bands widened, and turnover surged by 68% to $1.38M, confirming bearish momentum.
• A 50-period MA on the 5-min chart acted as a dynamic resistance, with price failing to close above it in last 3 hours.
• Fibonacci levels at $0.2125 and $0.2143 showed key rejections, with 61.8% level at $0.2135 currently acting as resistance.
Artificial Superintelligence Alliance/Tether (FETUSDT) opened at $0.219, reached a high of $0.2228, and closed at $0.211 at 12:00 ET on 2025-12-29, with a low of $0.2104. The pair experienced a total volume of ~15.1M FET and a notional turnover of $3.18M over the past 24 hours.

From the swing high at $0.2228 to the low at $0.2104, the 38.2% and 61.8% Fibonacci retracement levels at $0.218 and $0.2135 have shown multiple rejections. The 50-period MA on the 5-min chart has intersected with the 38.2% level, creating a potential consolidation zone ahead.
Looking ahead, a test of the $0.2135 level appears imminent, with a potential bounce or further breakdown into the $0.210–$0.209 range possible. Traders may want to watch for volume confirmation at key levels to assess the strength of any near-term reversal attempt. As always, volatility remains high, and sharp corrections could occur with minimal warning.
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