- Artificial Superintelligence Alliance (FET) is trading slightly lower at $0.2374 amid increased market activity.
- Analysts identify a potential long setup with significant upside if the $0.24 support holds.
- Price forecasts indicate that FET could approach $0.43 by the end of 2025, with potential to surpass previous highs.
The Artificial Superintelligence Alliance (FET) is currently trading on $0.2374, reflecting a small decline of 0.75% in recent sessions. Despite the small downturn, market activity has increased, with trading volume reaching $60.01 million over the past 24 hours, up 10.47% from previous levels. Over the past week, the FET has depreciated slightly, with a seven-day average price of $0.2376, down 0.88%.
Market observers suggest that this modest fluctuation is part of broader consolidation trends within the cryptocurrency sector. Investors are closely monitoring price stability around $0.24, which appears to be acting as a short-term support level for the token.
Daily order block response indicates strength
Crypto analyst Crypto Patel has highlighted this a strategic long setup for FET, citing technical indicators that suggest accumulation. Patel notes that the price responds to a daily order block and that liquidity on the sell side has already been affected. According to the analyst, this compression phase signals strong accumulation and offers a favorable risk-reward ratio if the $0.24 support level holds.
The recommended trading plan includes an entry at $0.2412, a stop-loss at $0.1900 and multiple profit targets at $0.2842, $0.3425, $0.3900 and $0.4600. Patel recommends scaling profits at identified liquidity points and trailing stops after the initial target is achieved to optimize profits.
Also read | FET Price Analysis: Breakout of a symmetrical triangle could fuel the rally to $0.60
FET price forecast for 2025
According to DigitalCoinPriceThe FET is expected to cross the $0.43 level by the end of the year. This growth could follow a break above intermediate resistance points, including previous benchmarks around $3.47.
Market analysts indicate that if the current accumulation trend continues, the FET could surpass its previous all-time high and maintain trading levels between $0.38 and $0.43. Investor sentiment remains cautiously optimistic, with long-term investors viewing these levels as a key opportunity for strategic positioning.
Also read | FET Price Alert: Explosive Breakout Could Push Crypto to $0.60!
#FET #rally #ahead #Expert #Reveals #Earnings #Targets