Long $FET Accumulating near support as Artificial Superintelligence Alliance rollout drives fresh liquidity
Entry: $0.230 - $0.245
SL: $0.200
TP1: $0.280
TP2: $0.350
TP3: $0.600
FET daily RSI is currently sitting near 66, suggesting that the asset has successfully rebounded from its local lows and is building strong bullish momentum for a fresh leg up.
The ongoing transition into the Artificial Superintelligence Alliance (ASI) and the active development of live products like ASI:Create provide a significant fundamental floor, as it encourages real-world utility and reduces immediate sell-side pressure.
The network's recent surge in AI agent-to-agent payment infrastructure development is a major catalyst, aimed at capturing more economic value from the growing decentralized machine learning market.
Technical analysis shows FET has successfully reclaimed its key short-term moving averages and is pressing against the overhead resistance, signaling that the local correction might be nearing its end despite broader market fear.
With its heavily shorted perpetual futures market creating a negative funding rate, the project’s unique position as a leader in Web3 AI is crucial to trigger a massive short squeeze and attract institutional spot capital.
trade here 👉 $FET
