FET Price Analysis: Symmetrical Triangle Breakout Could Propel Rally to $0.60

FET's chart just flashed a textbook buy signal. A symmetrical triangle pattern—that classic standoff between bulls and bears—has finally broken to the upside. This isn't just a wiggle; it's a potential launch sequence.

The Technical Fuel for the Move

Symmetrical triangles compress price action until momentum has to pick a side. FET's decisive break above the upper trendline suggests the buying pressure won out. Traders are now eyeing the measured move target, which, based on the pattern's height, points squarely toward the $0.60 zone. That's the next major resistance level on the map.

What's Driving the Momentum?

Breakouts need follow-through, and volume is the key. A surge in buying volume on the breakout day confirms real conviction—not just a stop-hunt. If the token can hold above the former triangle resistance, now turned support, the path higher clears. The rally needs to sustain; a quick slip back into the pattern would be a fakeout, the market's favorite trick to separate the hopeful from the strategic.

The Road to $0.60 and Beyond

Reaching $0.60 requires conquering a few supply zones along the way. Each minor resistance will test the rally's strength. The broader market sentiment needs to play along, too—even the best technical setup can get drowned out by a sector-wide sell-off. It’s a reminder that in crypto, sometimes the most perfect chart pattern meets the perfectly timed piece of bad news from a regulator who still thinks blockchain is a type of bicycle lock.

Watch the price action around the breakout level. Hold above it, and the bulls take control. Fall back in, and it's back to the drawing board. Simple as that.

Symmetrical Triangle Shows Early Bullish Signs

Artificial Superintelligence Alliance (FET) is tightening inside a large symmetrical triangle on the 12-hour chart, with the current price at $0.2418. The candles are pressing against the upper trendline, showing early bullish strength as buyers attempt to break the pattern. If the price closes above the $0.255–$0.260 zone, momentum may shift rapidly and trigger a new upward phase.

A confirmed breakout WOULD open the path toward multiple resistance layers highlighted in the chart. Volume gaps on the VRVP suggest faster movement once the price clears the first barrier. The nearest targets sit at $0.270 and $0.315, followed by stronger upside zones at $0.390 and $0.460. Continued strength could eventually drive the market toward the $0.600 macro level.

A potential rejection around the upper line would cause FET to MOVE back into the triangle, with support seen between $0.225 and $0.230. A further retreat would test support around $0.200-$0.210. At present, there is still a bullish bias, though validation of this is necessary before proceeding towards other targets in $0.270, $0.315, $0.390, $0.460, and $0.600.

RSI and MACD Signal Potential Reversal

The RSI index of Artificial Superintelligence Alliance (FET) for a week now stands at 33.24, edging above the conventional oversold line of 30. The RSI index has been in a declining trend for a couple of weeks now, yet it remains below its moving average of 36.05.

The MACD line stands at –0.13716 with a Signal line of –0.12435. The histogram bars are slightly negative but weakening, pointing to a deterioration in bearish momentum. The converging distance between the MACD and Signal lines suggests a looming bullish cross. Overall, it appears that RSI and MACD are pointing to weakening selling pressures and a relief rally.