FET trades above moving averages as market contracts
cryptocurrency.com.tr reports that FET trades at $0.2596 on Binance, holding above every major daily moving average. The outlet notes a bullish daily trend with climbing RSI and a positive MACD histogram, though momentum cools on shorter timeframes. This occurs while the broader market contracts, with total capitalization down 2.74% to $2.91 trillion over 24 hours. FET pushes against resistance near $0.2684 despite the wider market decline.
How the market reacted
Whalio's own Binance spot order flow for FET, measured when this story was written up on 5 October 2026. Not the outlet's figures.
Whalio data shows FET trading at $0.2531, with a 1-hour buy ratio of 49.8% and a 4-hour buy ratio of 45.5%, indicating fading buying pressure compared to the 24-hour buy ratio of 53.1%. The 1-hour volume delta is -$6,487 and the 4-hour delta is -$641,373, meaning more volume is being sold than bought in the short term, while the 24-hour delta remains positive at +$2,319,945. This suggests that while recent hours have seen net selling, the full day has seen net buying. Only 8 of the last 24 hours recorded net buying, highlighting inconsistent flow.
The latest daily buy ratio of 49.2% sits at the 58th percentile of the last 322 days, against a median of 48.7% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for FET, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.9%, making the current 24-hour ratio of 53.1% 3.2 points higher than the average. Spot volume was 1.65x the weekly average, indicating significantly higher activity than usual. The coin saw net buying on 4 of the last 7 days, with a total volume delta of +$1,961,015 over 8 days. This contrasts with the current 24-hour period where only 8 hours showed net buying, suggesting this is an unusually active but mixed-flow day compared to the weekly norm.