The FET price remains stuck in a downward trend as resistance from the short-term descending trendline and sloping EMAs keeps sellers dominant. While a tight triangle pattern compresses prices between $0.267 and $0.274, intraday momentum continues to wane. Despite strong AI narrative generated by ASI One, price action remains muted, with spot demand failing to propel FET above the current level. 3-Day Price Action Analysis: The daily chart reveals a clear downward trend for FET. Each attempt to break above this short-term trendline, which began in early October and currently sits around $0.27, has been met with resistance. The token remains below both the 20-day EMA at $0.282 and the 50-day EMA at $0.325, keeping buyers under a significant technical ceiling.