The Artificial Superintelligence Alliance (
$FET ) has been moving inside a massive 6.5-year Channel Up 📈 ever since its debut — a truly historic pattern! Each phase shows clear Bullish and Bearish Legs, and right now, after the March 25, 2024 All-Time High (ATH), we’re deep in another Bearish Leg (red channel).
But here’s where things get interesting 👀👇
The 1-Week RSI has just touched the 30.00 oversold zone — the same level it hit back in June 2022, right before
$FET started a strong rebound 🧠💪. That move led to a Higher Low and kicked off a massive uptrend toward the 0.236 Fibonacci retracement of the long-term Channel.
If history rhymes 🎶 and the broader crypto market stays in a Bull Cycle, FET could be gearing up for its next major Bullish Leg! 🌕
🎯 Short-Term Target: $0.62 (the 1W MA50 blue trend-line)
💥 Long-Term Potential: If momentum continues,
$FET could aim for a mind-blowing +6430% move toward $8.00!
⚡ Key Takeaways
✅ FET is testing historical oversold levels.
✅ Multi-year Channel Up structure still intact.
✅ Potential start of a new Bullish Leg if market sentiment stays positive.
📊 Keywords:
#FET #FetchAI #ArtificialSuperintelligenceAlliance #FETUSD #FETUSDT #CryptoAnalysis #BullishPattern #CryptoSignals #Altcoins #AIcrypto #BinanceSquare
🔥 Smash that LIKE 👍, FOLLOW ✅, and SHARE 🙌 if you believe FET’s next run is just around the corner! 💎🚀