Follow@avinash1000
(Fetch.ai), the native token of the decentralized AI infrastructure platform, is showing bullish technical signs, with traders eyeing a potential Cup & Handle pattern formation — a classic continuation setup that could indicate significant upside if confirmed.
As the market shifts focus back to AI-related crypto projects, Fetch.ai is drawing renewed attention, especially after its recent consolidation.
☕ What is a Cup & Handle Pattern?
The Cup & Handle is a technical chart pattern that resembles a rounded bottom (the "cup") followed by a short consolidation or slight pullback (the "handle"). It typically indicates bullish continuation, especially when supported by rising volume.
In $FET’s case, the structure has begun to form on the daily chart, with price action showing signs of completing the “cup” and potentially beginning the “handle” phase.
📊 Key Technical Highlights
Rounded base formed over the past 4–6 weeks
Resistance zone forming near $1.70–$1.75, acting as the cup rim
A slight pullback could serve as the “handle,” ideally not dropping below $1.40–$1.45
A breakout above $1.75 on strong volume may confirm the pattern
Volume has been gradually increasing, which often precedes breakout attempts
📈 Price Outlook & Breakout Levels
If the pattern confirms, the measured move target (based on cup depth) could project towards:
Target 1: $2.20 – conservative breakout target
Target 2: $2.50+ – extended move if momentum holds
⚠️ Traders should watch for a strong daily close above $1.75 with elevated volume as the first breakout signal.
🤖 Why FET Is on the Radar
Beyond technicals, FET is also benefiting from:
AI + Crypto Narrative: Renewed focus on artificial intelligence integration in Web3
Partnerships: Ongoing collaboration with Bosch, DORA, and other infrastructure players
Ecosystem Growth: Active development of agent-based networks, smart mobility, and AI infrastructure
These fundamentals offer additional support for bullish sentiment around the token.
📌 Key Support & Resistance Levels
Zone Significance
$1.40–$1.45 Handle zone (ideal low for pullback)
$1.70–$1.75 Cup resistance / breakout trigger
$2.20 First bullish breakout target
$2.50+ Extended rally zone (if momentum continues)
🔍 What to Watch Next
📉 Does FET hold above $1.45 during the handle formation?
🚀 Can bulls push through $1.75 resistance with strong volume?
📣 Will broader AI market sentiment remain supportive?
⚠️ Risk Factors to Consider
Pattern confirmation is not guaranteed — handle breakdown could invalidate the setup
Broader market pullbacks (especially Bitcoin corrections) can impact breakout success
Overly aggressive entries before confirmation carry risk
🧠 Always use stop-losses and risk management in pattern trading setups.
🧠 Final Take
The potential Cup & Handle setup in FET is attracting trader attention as both technical and narrative alignment strengthen. If confirmed, this could pave the way for a breakout move toward new local highs.
📌 Not financial advice. This article is for educational and informational purposes only. DYOR (Do Your Own Research).
