Update on $FET Analysis

#Fetch_ai , now ranked 52 on CoinMarketCap, remains a key cryptocurrency in the artificial intelligence sector. Despite its 50% decline so far this year, investors continue to show interest in the asset.

In previous analyses, we mentioned that FET had reached our marked buy orders and that, in the coming weeks, it should gain momentum to re-enter the accumulation range. Since that analysis, FET has dropped another 20%, reinforcing the importance of scaling entries and being cautious with liquidity.

FET has shown signs of recovery, with an increase in volume and divergences in technical indicators. Investors are buying the asset, it has recovered the lower part of the marked range, which could take it to the upper part at $1.6. If FET breaks below the 57-cent zone, I will sell 40% of my position.

Be careful and remember that we are just recovering, and the cycle is well ahead, so it could end at any moment.