Today we'll analyze FET (Fetch.ai) — one of the leaders at the intersection of blockchain and artificial intelligence. The token has seen highs and lows, and is now resting in a key technical zone. What's next: a reversal or continued decline?
🤖 Fundamentals: Strength lies in real-world use cases
Unlike many concepts, Fetch.ai has a working network and real partnerships. Their autonomous agents are already being tested in logistics and smart cities. This is not just an "AI narrative," but a technology with ambitions to transform machine interaction. Long-term potential is enormous. But remember: implementing such innovations takes years.
📊 Technical picture: All power lies in volume
Currently, FET/USDT price is balancing on the edge. Key support level is 0.2789 USDT. As long as price remains above this level, there is a chance of rebound to resistance at 0.2949 and further to 0.3100 (where a strong EMA99 awaits).
NO! Trading volumes have been low in recent days. This is the main red flag. Without fresh capital inflow, any movement could be false.
What is visible on the chart:
· RSI is neutral (~55), no overbought condition.
· EMA conflict: Short-term trend attempts to rise, but hits the long-term downtrend.
· Volume — the weak point of the current picture.
🎯 Possible scenarios:
1. Bullish: Holding 0.2789 and rebound with a sharp volume spike (>200M FET) — signal for possible local growth. Targets: 0.2949 → 0.3100.
2. Bearish: Break and close below 0.2789 with increasing volume — a strong signal for continued decline. The next support should be sought on lower timeframes.
💡 My opinion (not financial advice!):
FET — a strong project, but its token is hostage to overall market volatility. The market is currently waiting. The strategy is simple: wait for a clear signal from volume. Don't rush to enter "at the bottom," which might turn out to be a trap.
For holders (HODL): If you believe in the idea, the current zone may be interesting for cautious DCA accumulation, but be prepared for drawdowns.
For traders: The best position right now is observation. Define your breakout level (e.g., 0.2750) and confirmation level for growth (e.g., 0.2950), and act only upon clear signal execution.
What do you think? Do you see strength in FET or are you waiting for a deeper correction? Share your thoughts in the comments! 👇
#FET #FetchAI #crypto #BinanceSquare #altsesaon
