After attending a drop in prices of 65% in the past two months, the artificial superintelligence Alliance (FET) seems ready for takeoff, supported by upward price actions on weekly and daily deadlines. With a continuous price resumption, the Fet tokens attract significant attention from traders and investors, which could help the assets to bounce back soon.
Current price momen
Today, on February 21, 2025, FET was negotiated nearly $ 0.778 after increasing more than 9.50% in the past 24 hours. During the same period, its negotiation volume increased by 17%, indicating an increasing interest in investors and merchants in relation to the day before.
FET technical analysis and upcoming levels
According to Coinpedia’s technical analysis, the FET seems bruise and is ready for significant rise, because its technical indicators flash an increased divergence on the weekly time. In addition, FET seems to form a double-long price price model and is currently on the verge of finishing its second ascending leg.
Based on historical models, if the asset is above $ 0.70, there is a high possibility that it can increase by 45% to reach $ 1.10 in the coming days and 165% Overall to recover the level of $ 2.05, which FET lost in December 2024.
Investors Lower Perspectives
Despite the shift momentum Clever. The data reveal that the exchanges have experienced an exit of approximately $ 1.50 million of FET tokens, which suggests that some holders have sold their positions.
Major liquidation levels
Meanwhile, Paris merchants on the side are currently dominating the assets. At the time of the press, the levels of over-depositions are $ 0.731 on the lower side and $ 0.785 on the upper side, where traders built millions of long and short positions. Data show that traders have $ 1.03 million in long positions in $ 0.731 and $ 270,000 in $ 0.785.
During the combination of these chain metrics, it seems that some traders benefit from the current feeling of the market, while others, motivated by fear, pour the active.
