FET Merger Catalyst: $3.00 Breakout Imminent 🚀

🔥 June 13 Deadline

Fetch.ai’s merger with SingularityNET ($AGIX) and Ocean Protocol ($OCEAN) into the ASI Alliance finalizes June 13. Historically, FET pumps 25-40% pre-merger (see May 2024 pattern). Whales accumulated $46M FET this week .

📊 Key Levels

- Breakout: $2.80 (April high) → Clear this = $3.50 target

- Support: $2.30 (consolidation zone) → Buy dips here

- Stop-Loss: $2.15 (below = failed thesis)

💡 Trade Strategy

1. Pre-Merger Scalp

- Buy FET dips at $2.30-$2.40

- Sell 50% at $2.80, hold rest for $3.20+

2. Breakout Play:

- Enter above $2.85 (4% port max)

- Target $3.50 (45% upside), stop $2.60

3. Staking Hedge

- Stake FET for 8% APY while holding (offsets volatility) .

⚠️ Critical Risks

- Token Migration Complexity

Post-merger technical glitches could trigger 15-20% dump.

- **June 12 Fed Decision**: Hawkish tone = altcoin bloodbath. *Set stops.*

🎯 Bottom Line

> “Mergers move markets. Trade the setup.”

- Scalp $2.30–$2.80 pre-June 13.

- Exit 70% by June 18 (sell-the-news risk).

- Avoid: Political memecoins ($EGL1, Arctic Pablo) – liquidity black holes.