FET Price Jumps 20% After Breaking 6-Month Bearish Streak
The post FET Price Jumps 20% After Breaking 6-Month Bearish Streak appeared on BitcoinEthereumNews.com.
TLDR: FET price halted its downtrend by breaking the daily sequence of lower highs and reclaiming former resistance as support. Weekly charts show a downside deviation, with price quickly rejecting lower levels and returning into a historically reactive range. CoinGecko data shows FET trading at $0.2623, up 13.67% daily and 20.67% weekly with strong volume. The setup reflects easing selling pressure and defined risk, not a confirmed macro trend reversal. After months of persistent losses, FET price action has shifted for the first time in the current cycle. The token has stopped printing new lows and begun stabilizing near a historically reactive zone. Short-term structure changes have drawn attention from traders tracking market behavior rather than momentum. Fresh data now shows rising activity alongside a sharp price reaction. FET Price Breaks Bearish Structure on Daily Chart FET spent several months trending lower with consistent lower highs and lower lows. That pattern defined the broader bearish structure. According to a detailed breakdown shared by EliZ on X, that sequence has now broken. $FET after months of steady and continuous decline, the price finally did something different: it stopped making new lows, began to compress downwards and then left a first decisive reaction from the support, breaking the bearish micro-structure on the daily chart. This is often… pic.twitter.com/lAW2Px3rK8 — EliZ (@eliz883) January 4, 2026 Price compression replaced the prior steady decline. Volatility narrowed as selling pressure weakened. The market then reacted decisively from a known support zone. On the daily chart, FET reclaimed an area that previously acted as resistance. That zone now holds as short-term support. This shift marks the tradable change highlighted in the analysis. The move does not rely on how far price had fallen. Instead, it reflects altered behavior. If FET loses this reclaimed area without reaction, the…
Filed under: News - @ January 4, 2026 3:18 pm