Update on the analysis of $FET

FET, now ranked 56th on CoinMarketCap, like most cryptocurrencies in the AI sector, has experienced a significant drop in its price, breaking through the lower part of the accumulation range we had marked. This is why it’s important to contain the urge and not buy everything at once.

In previous analyses, we mentioned that we would leave a fourth buy order at 62 cents in case the price retested those levels, and that’s exactly what happened: it triggered our order. We also stated that if the price of FET strongly broke below the 80-cent zone, we would stop accumulating it. The price has broken this zone, but not with strength. The same pattern was seen with #INJ and #Near , as they broke the range but not with force. Be cautious.

This is my analysis, do yours, and if you're afraid, use a stop loss. FET has been in a downtrend since December 2024. Be careful, don’t exhaust all your liquidity, and remember that there are cryptocurrencies with better technical patterns than FET, such as #icp and #dot . In the coming weeks, FET should recover the accumulation range, and if it does, we will reorganize the marked support lines.