The current price of FET is $0.210773, reflecting a 24-hour decline of 7.17%. The daily trading range has been relatively tight, with a high of $0.237112 and a low of $0.20866, indicating current volatility is subdued.

Volume has reached 78,472,097, equating to a Vol/Market Cap ratio of 16.32%, which suggests that trading activity is moderate but not overwhelmingly high. The moving averages indicate a bearish trend, with the 8 SMA at $0.2172 down by 2.97% and the 144 SMA at $0.2255 down by 6.54%, reinforcing downward momentum.

The 1-hour RSI stands at 20, indicating that the asset is significantly oversold in the short term. Conversely, the 7-day RSI is at 44, suggesting a neutral position but does not yet indicate a reversal, especially given the 7-day price change of -11.79%.

Over a longer time frame, the 14-day price change of -24.14% further illustrates sustained selling pressure, while the 30-day change of 1.57% indicates some recovery from previous lows. With the all-time high at $3.45, the current price represents a significant decline, suggesting that the market sentiment is currently pessimistic.

Given the technical indicators and the overall bearish trend, the recommendation is to Hold FET at this time. The oversold condition may present a potential buying opportunity, but the prevailing negative momentum suggests waiting for clearer signs of a trend reversal before entering a position.