FET news: surges above $0.25 — buyers lift price but long-term trend remains bearish

Traders Union
All News
Crypto News
FET surges 19.09% today on strong bounce

Highlights

Artificial Superintelligence Alliance (FET) traded at $0.2583, up 19.09% intraday, but remains below MA-50 ($0.4107) and MA-200 ($0.6377).
Technical signals show short-term bullish momentum above MA-20 ($0.2498), but MACD, ADX, and BBP indicate persistent bearish pressure and dominance by sellers.
Forecast for FET expects a $0.1586–$0.2337 range over the next five days, with upside breaks above $0.2995 considered unlikely and downside risk prevailing.

Intraday rebound contrasts with persistent bearish momentum signals

Momentum signals a mixed picture on the daily timeframe. MACD and ADX both point to ongoing bearish pressure despite an intraday bounce, while RSI (34.8), CCI (–102), and Stoch RSI confirm oversold or near-oversold conditions. BBP suggests sellers still dominate the broader trend, though the current session saw a robust move up of 19.09% with no gap between sessions and the price closing near today’s high. Volatility has been high, with strength toward session highs despite divergence between depressed daily momentum and local buying, indicating possible short-covering or a speculative bounce.

Downside risk prevails as weekly indicators outweigh bullish breakout odds

Looking ahead, the expected price range for the next five trading days is $0.1586 to $0.2337. There is a very low probability (less than 20%) of sustained price increases, and downside remains the more likely scenario based on weekly momentum and trend indicators. Baseline scenario calls for sideways movement within the established range. In a bullish scenario, breaking above the $0.2995 resistance could trigger follow-through, though the probability is low. If price falls below support at $0.2308 — $0.2498, a move toward $0.1586 becomes more likely.

Anton Kharitonov, expert at Traders Union, believes the Artificial Superintelligence Alliance (FET) is showing some short-term technical resilience above the MA-20, but broader momentum and longer-term trend indicators remain bearish. He sees persistent selling pressure, with volatility driven by what appears to be short-covering or a speculative bounce rather than a confirmed reversal. With support levels fragile and downside risk prevailing, the baseline remains for sideways to lower price action in the coming days. "Base case is a continuation within the current range — unless FET reclaims $0.2995, I remain skeptical about any sustained upside."

Previously it was noted that the ongoing rally is occurring amid strong bearish momentum in both the MACD and ADX indicators. Last time we reported that momentum indicators show strong bearish readings and the asset was facing technical resistance at several key moving averages.

Source of Data: FET Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.