The analysis reviews Fetch.AI on the 4-day chart and notes the market is in a pullback, which may have completed on October 10th but is unconfirmed as it hasn't broken above a key level at 0.50. Breaking this level would signal an upside reversal. Selling volume initiated around the 0.50 mark, forming a sell wall. The Nov rally ended as a three-wave move, losing momentum. The daily chart shows ranging behavior. The current trading pattern is ranging, without a breakout. Below 0.50 a move down to 0.172 is plausible. The move down is not very impulsive, suggesting the market isn't clear, but it seems like a lower price is on the horizon.