Fetch.ai (FET) Nears Explosive Breakout as Bollinger Bands Tighten at $0.65—Here’s Why Traders Are Buzzing

Fetch.ai's FET token coils like a spring at $0.65—Bollinger Band squeeze signals potential fireworks.

### The Bollinger Bands Whisper: Volatility Ahead

When the bands narrow, markets yawn—until they don't. FET's tightening price range screams 'imminent breakout,' with traders placing bets on which way the hammer falls.

### $0.65: The Line in the Sand

The key level holding? A measly sixty-five cents. For context, that's roughly what Wall Street spends on printer ink per nanosecond—but in crypto-land, it's make-or-break territory.

### AI Meets Crypto: A Match Made in Hype Heaven

Fetch.ai's blend of artificial intelligence and blockchain continues seducing speculators. Because nothing says 'sure thing' like two buzzwords duct-taped together.

Buckle up. When these bands snap, they'll echo across Binance screens from Singapore to São Paulo—assuming the whales don't rug-pull first.

• FET is consolidating near $0.6500 with Bollinger Bands tightening, signaling a possible breakout.
• A bullish MACD crossover suggests early upside momentum despite neutral RSI.
• Reclaiming $0.718 is crucial to reversing the short-term bearish trend.

Fetch.ai’s native token FET is consolidating around the $0.6500 mark after a modest 0.87% uptick in the latest session. While the token is still down 4% over the past week, tightening technical indicators suggest that a significant price MOVE may be on the horizon. As traders await confirmation, all eyes are on key resistance and support levels that could determine the next trend.

Source: CoinMarketcap

FET Eyes Breakout as Bollinger Bands Tighten

On the 4-hour chart, the token is trading just above the 20-period simple moving average of the Bollinger Bands, which currently sits at $0.64775. The upper and lower bands are compressed at $0.66587 and $0.62963, respectively, highlighting reduced volatility and a potential squeeze setup.

The Relative Strength Index (RSI) holds steady at 50.12, reflecting a neutral momentum stance. However, the MACD has printed a bullish crossover, with the MACD line at +0.00168, signal line at -0.00169, and a histogram reading of +0.00337, indicating early upside momentum.

Source: Tradingview

Volume remains muted at 735.96K, suggesting traders are awaiting clearer signals before committing capital. A surge in buying pressure will be needed to confirm any breakout attempt.

FET Must Reclaim $0.718 to Regain Bullish Bias

Crypto analyst Bullis Banter highlighted that the token has broken down from its rising channel and is struggling to regain upward momentum. “It was rejected from the $0.702–$0.718 zone and continues to trade below critical resistance.

Source: X

Short-term trend remains weak unless bulls reclaim control above $0.718,” he noted, citing $0.628 and $0.598 as next lines of defense.

If the token can close above the $0.67 resistance with a clear rise in volume, a breakout toward $0.70 and potentially $0.718 could unfold. On the flip side, failure to hold above $0.63 may expose the token to a further decline, with support levels at $0.598 and $0.55 likely to come into play.