FET Token Struggles to Break Resistance as Bearish Pressure Mounts

The Artificial Superintelligence Alliance (FET) token recently witnessed a significant 50.94% rally, climbing from $0.1914 to a peak of $0.2889. However, this upward momentum was abruptly halted just shy of the $0.30 psychological resistance level, sparking a sharp reversal. As sellers regain control of the supply zone, FET remains entangled in a persistent higher-timeframe downtrend, casting doubt on the sustainability of its recent gains.

Bearish Structure and Key Technical Levels

Despite the recent recovery, FET's long-term swing structure remains fundamentally bearish. After posting a swing low of $0.134, the token’s relief rally reached the 78.6% retracement level before facing a firm rejection. This move has forced the price back toward the critical $0.195–$0.20 support zone that has been in play since April. With the token losing nearly 18% of its value in a single 24-hour period, the short-term momentum has shifted decisively in favor of the bears.

Trading Strategy: Navigating the Relief Bounce

On the 4-hour chart, the technical outlook soured after FET crashed below its higher-low support at $0.2166. Technical indicators, including a declining Accumulation/Distribution (A/D) line and a plummeting Awesome Oscillator, confirm overwhelming selling strength. While the sell-off may soon become oversold, analysts suggest that any resulting relief rally toward the $0.25–$0.26 range should be viewed as a selling opportunity. Investors are advised to remain cautious, as further volatility in Bitcoin could trigger another wave of panic across the altcoin market.