FET Bearish Pennant Formed on 4-Hour Chart, Will Price Fall Below $0.135?

The price of FET is currently trading at $0.15, up by over 27% in the last 30 days.

However, the altcoin is down by over 14% in the last 7 days and by over 6% in the last 24 hours.

The asset has formed a bearish pennant on the 4-hour price chart, with its lower support at $0.165 being crucial for reversing the trend.

If FET breaks below this level, it could trigger further downside toward the chart's $0.135 target.