FET Defies Gravity: Key Support Holds as Bullish Momentum Eyes $1.03 Breakout

FET isn't asking for permission—it's carving its path upward. The AI-powered token clings to critical support, setting the stage for a potential 30% surge.

Why traders are flipping bullish:

- The $0.75 support zone becomes FET's launchpad after three successful retests

- On-chain data shows whales accumulating at current levels (because nothing says 'trust' like anonymous billionaires gambling with your money)

- RSI coils at 54—room to run before overbought territory

Road to $1.03:

The chart paints a clear narrative: break through $0.89 resistance and the path clears toward $1.03. Fibonacci extensions suggest $1.20 could enter play if BTC doesn't decide to ruin everyone's fun.

Just remember—in crypto, 'key support' is one Elon tweet away from becoming 'historical resistance.'

Key technical points

• Support Holding at 0.618 Fib and Value Area Low: These levels have provided a strong base for a bullish bounce.
• POC Reclaimed: Reclaiming the point of control is a key signal that buyers are regaining strength.
• Upside Targets: Next resistance levels sit at $1.03 and $1.40 high time frame zones.

Fetch.ai recently tested and held the 0.618 Fibonacci retracement and value area low precisely, marking a high-confluence support zone that has historically triggered bullish reactions. Respecting this level has led to a gradual reclaim of the POC, a significant volume-weighted level often acting as a pivot between bullish and bearish control.

This reclaim is a subtle but meaningful signal, suggesting that the short-term trend may be turning. As long as Fetch.ai holds above the POC, the odds of continued upside increase, particularly toward the value area high and the $1.03 resistance. This zone represents the previous local high and serves as a key inflection point on higher time frames.

A breakout above $1.03 with strong momentum WOULD establish a new higher high, confirming a bullish structural shift. Such a move would likely attract additional buying interest, opening the door to the next resistance at $1.40, a level with both historical and technical significance.

In the NEAR term, continued consolidation above the POC would signal increasing bullish strength, reinforcing the narrative that buyers are in control and preparing for a breakout.

What to expect in the coming price action

As long as Fetch.ai holds above the value area low and point of control, the chart maintains a bullish structure. A confirmed breakout above $1.03 would validate a structural shift and set the stage for a move toward $1.40.

Continued consolidation above current levels strengthens the bullish outlook and increases the probability of upward continuation.