The post FET Climbs 26%—Is a Break Above $0.23 Sustainable? appeared on BitcoinEthereumNews.com.

FET rebound signals sentiment shift, but resistance zones still cap momentum Weak participation and falling open interest hint at fragile bullish conviction Key supports remain critical as pullbacks could define the next trend direction Artificial Superintelligence Alliance (FET) has drawn renewed attention after a sharp recovery, with price action signaling a clear shift in market structure. The token now trades at $0.2317, while weekly gains approach 26%, reflecting strong bullish momentum.  Besides the price surge, technical signals suggest that buyers have regained control after a prolonged period of consolidation. Consequently, traders now focus on whether this breakout can sustain or fade into another corrective phase. Breakout Momentum Meets Key Resistance FET recently surged from the $0.14 region to approximately $0.25, confirming a decisive trend reversal. This move broke the prior downtrend and established a stronger bullish structure.  However, the price now faces immediate pressure between $0.231 and $0.235. This zone previously acted as resistance and now demands a successful flip into support. Besides, a more critical barrier sits between $0.258 and $0.262. This range aligns with a major Fibonacci level and past rejection points. A clean breakout above this zone could open the path toward $0.28 and potentially $0.30. However, failure to break higher may trigger short-term consolidation. Additionally, technical indicators suggest caution. The rally appears extended, and momentum indicators signal near-overbought conditions. Hence, a brief cooling period could emerge before the next directional move. Support Zones Define Risk Levels On the downside, the $0.210 to $0.205 range stands as a crucial support area. This zone combines key Fibonacci levels with strong historical reactions. Losing this support would likely shift momentum and invite deeper retracement. Moreover, secondary support lies between $0.196 and $0.188. This region offers a potential entry for buyers during pullbacks. If selling pressure intensifies, the $0.180 to…

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Filed under: News - @ March 20, 2026 4:29 pm