🔷️ On the daily timeframe, #FET has broken its descending trendline and is currently retesting the breakout zone. If it holds at this level, the yellow lines indicate potential resistance areas. Additionally, the green line marks a key support level.

✍️Daily moving averages have turned bullish; short-term MAs are now aligned in favor of upward momentum.

✍️A symmetrical triangle pattern is forming on the 1D chart a structure that typically signals continuation to the upside.

✍️ On lower timeframes (e.g., 1-hour), while RSI and CCI approach overbought levels, most moving average signals remain bullish, showing strong buying pressure.

💡 What is https://t.co/lNRzSZgdBn ( $FET )?

✍️ https://t.co/lNRzSZgdBn is a decentralized AI + blockchain platform that enables autonomous “economic agents” (AEAs) to execute real-world tasks from DeFi arbitrage and IoT coordination to smart cities and travel optimization.

✍️ The native token FET is used for transactions, staking, governance, and rewards within the ecosystem.

✍️ Founded in 2017 and launched via a Binance IEO in 2019, https://t.co/lNRzSZgdBn joined the ASI Alliance in 2024 (with SingularityNET and Ocean Protocol), forming a unified AI-crypto ecosystem.

Use cases include supply chain optimization, energy grids, logistics, and intelligent DeFi automation.

✍️ This confluence of bullish technical signals and strong fundamentals makes FET worth watching closely.

This is not investment advice.

#FET #FetchAI #Altcoin #Crypto