FET Weekly Chart Shows Rebound from Key Channel, Eyes $0.52

Artificial Superintelligence Alliance (FET) is experiencing a downward trend, showing a drop in its value. In the last 24 hours, FET fell by approximately 7.63%. However, its weekly performance looks solid, with a 33.19% rise, highlighting resilience despite ongoing market fluctuations.

FET is trading at $0.2680, with a 24-hour volume of $92.74 million, down 36.72%. Its market capitalization sits at $619.84 million, marking a 7.65% decrease. These numbers suggest a temporary cooling period after recent gains, reflecting cautious sentiment among traders as they track the token’s price movements.

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Channel Support Holds, Buyers Step In

FET is rebounding from the lower boundary of a well-respected ascending channel on the weekly chart, a structure that has guided price action since 2021. The recent bounce from the $0.20–$0.25 support zone shows strong buyer interest and seller exhaustion. This area has historically acted as a launchpad for major rallies, keeping the broader bullish market structure intact.

The response from channel support indicates an accumulation pattern and not panic selling, as is clear from the volume activity. While the price action consolidates, it is likely to move higher. The initial level to target on an upside move is pegged at $0.52, followed by an important psychological and technical level at $1.00.

However, if the bullish momentum is maintained, the price may rise to the significant resistance level of $3.00, which is a historical supply zone located in the top half of the channel. A more extensive phase of expansion may later drive the price of FET to $7.50, which is consistent with the top boundary of the identified channel.

FET Eyes Recovery After Prolonged Downtrend

The weekly MACD is close to one another and is slightly above the signal line; this suggests very early indicators for a bullish market. The histogram indicates a slight positive number, and this suggests a very weak recovery process. This is happening while buyers have just begun entering the market.

The 14-week RSI is at 37.77, barely above the oversold level of 30. This shows that FET is coming out of a period of strong selling pressure. The bullish sign from the RSI indicates that a continuation may occur should the momentum continue to build. One should wait for a strong build-up in the RSI to indicate further increases to the resistance level at $0.30-$0.32.

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