Artificial Superintelligence Alliance (FET) has fallen more than 8%, trading near a critical support level of $0.2270. Technical analysis suggests a potential further decline of up to 10% to around $0.20 if this support fails, with bearish targets at $0.20 and $0.1737. Despite short-term bearish momentum and a descending triangle pattern, long-term holders are accumulating, as top wallets increased holdings and exchange reserves declined. The next moves depend on whether FET holds above $0.2270 or breaks below it, with a possible reversal if it breaks above the descending trendline.
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