Artificial Superintelligence Alliance (FET) continues its positive price trajectory, extending recent upside momentum. As of March 10, 2026, FET has climbed nearly 3.63%, reflecting renewed buying interest and strengthening short-term market sentiment.

On a broader scale, the token posted a solid weekly performance, recording a 2.91% surge as improving market conditions and rising trader participation helped support demand across the market.

According to data from CoinMarketCap, FET is trading at $0.1496. The 24-hour trading volume is $96.61 million, down 7.07% daily, while market capitalization reached $338.21 million, gaining 3.65% amid strengthening momentum.

Also Read: Fetch.ai (FET) Eyes $0.194 After Forming Potential Five-Wave Structure

Descending Trendline Continues to Shape Market Structure

The 4-hour chart of Artificial Superintelligence Alliance (FET) shows a clear descending trendline controlling price since January.

Each rally attempt forms lower highs, confirming persistent selling pressure. Recently, price action has tightened near $0.14–$0.15, signaling consolidation as the market approaches a critical resistance zone.

Recent candles suggest slowing downside momentum as the asset forms a short-term base near support. Buyers continue defending the $0.14 area, preventing deeper declines.

This compression beneath the descending trendline indicates potential accumulation and increasing probability of a volatility expansion.

According to crypto analyst ZAYK Charts, if the price manages to break past the trendline with high momentum, it is likely to rally to the $0.22 price region, which is almost 50% higher for the cryptocurrency. However, if it fails to break past the resistance level, it may result in another retraction in price.

Momentum Indicators Show Early Signs of Recovery

Currently, the technical indicators are showing signs of increasing momentum; however, the evidence of a complete trend reversal is still limited. The Relative Strength Index is currently at 42.67, well above its average of 39.29.

This shows weakening bearish pressure and a marginal recovery from oversold territory. Momentum is still neutral-to-slightly bearish but remains below the 50 level.

The MACD histogram is at 0.00079 and is rising slightly as the MACD line (-0.00884) is moving towards the signal line (-0.00962). This shows that the momentum of the bears is dwindling and could be an early indication of a bullish crossover if the momentum is sustained.

Why This Matters

A break above the $0.15 resistance level, which has been confirmed, could attract the attention of momentum traders, resulting in increased buying pressure and could take FET to the $0.22 target in the short term.

Consolidation at the $0.14 support level could be seen as accumulation; therefore, any break above this level could change the market sentiment and volatility towards the higher resistance levels.

Also Read: Fetch.ai (FET) Tests Critical Support: Is a Rally Toward $2 on the Horizon?