#FET❤️ Artificial Superintelligence Alliance (FET) is in good shape to continue its rise

Like TAO, FET also experienced a significant correction starting in March. Indeed, the price fell by almost 80% in just a few months. But buyers gathered at the support at $0.7, and the buying reaction allowed to break the bearish trendline. Since this break, the price has drawn clear ascending troughs and peaks, on the other side of the bearish trendline:

The close above $1.74 validates the ongoing trend. At the moment, FET is being rejected at the resistance level at $1.8, but it has the possibility of bouncing on the 9 and 18 moving averages, or at the support located at $1.4. As long as the trend does not change, it is the buyers who have control over the price.

On its side, the RSI is back on the bullish trendline. The momentum is clearly bullish, and a bounce on this trendline would be needed to maintain bullish momentum.$FET