I've been monitoring FET and noticed its price action following the ASI Alliance news was underwhelming, with a "sell the news" reaction. Despite this, the broader AI narrative remains strong, fueled by OpenAI-related events. Currently, FET faces resistance at $1.75, showing bearish divergences. I expect a pullback to $1.55-$1.40, with $1.5-$1.45 serving as strong support. If support holds, a rally towards $2 is possible after a potential cooling-off period. However, a break below $1.5 could lead to a drop to $1.1. I'm exercising caution this weekend, anticipating lower volatility.
LIVE--
Bullish
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