Fetch.AI (FET) Holds Key Support as Price Eyes Breakout Toward $3.30

FET price broke out of a rounding bottom pattern, confirming a bullish structure above the neckline support around $0.78.

Price is holding above the 50-day SMA with RSI climbing, showing rising demand and strong buying interest among traders.

Resistance targets at $1.00, $1.25, and $1.60 may be followed by moves toward $2.20 and $3.30 if bullish trend continues.

Fetch.AI (FET) is maintaining crucial support after a bullish breakout, suggesting potential continuation of upward momentum on the 2D chart.

Technical Breakout Signals Uptrend Formation

Fetch.AI (FET) has broken above a rounding bottom pattern, a structure known to mark the end of a bearish trend. Crypto analyst Jonathan Carter shared on X that FET is now holding above the neckline at $0.78—a key support level. This breakout reflects increased buying interest, especially with price action also sustained above the 50-day simple moving average.

Source: Carter

Volume indicators and the Relative Strength Index (RSI) show consistent strength. The RSI has climbed above the midline, pointing to growing demand and buyer control. Traders are closely watching if this support level holds, as it could enable a price push toward resistance at $1.00. This zone has historically acted as both support and resistance due to concentrated volume and market activity.

Next Resistance Levels in Focus

If Fetch.AI continues to trade above $0.78, the next upside targets are $1.25 and $1.60. These levels are considered psychological and structural resistance zones based on previous market congestion. Carter noted that surpassing $1.00 could spark momentum toward these levels.

Beyond those, the next price barriers stand at $2.20 and $3.30. The $3.30 level aligns with the peak of a previous descending triangle, marking a zone of historical resistance. However, if price drops below the $0.78 support, the bullish scenario may be invalidated, and buyers may step back.

Traders are advised to monitor volume levels and reactions at each resistance point to validate any continuation pattern.

Interactive Strength Launches $500M AI Token Treasury with FET

In related developments, Cointelegraph reported that Nasdaq-listed Interactive Strength has launched a $500 million AI token treasury. Fetch.AI’s native token, FET, is a core component of this initiative, aimed at establishing the world's largest corporate AI-crypto treasury.

This news could support Fetch.AI's market structure and could unveil additional exposure to institutional interest. The technical outlook still favors a bullish view; however, traders and investors alike will want to see price hold above the current levels before confirming either sort of data.

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