FET Crypto Token Continues Bearish Momentum as Price Remains Below Key Moving Averages

The Artificial Superintelligence Alliance crypto token FET has been experiencing bearish momentum since August 8, 2026. As of that date, the FET/USDT pair traded at around $0.14, well below its three major moving averages, the 20-day EMA ($0.15), 50-day EMA ($0.16), and 200-day EMA ($0.20). This bearish regime is characterized by fear, thinning volume, and compressed volatility.

The technical indicators are also pointing to a bearish trend. The daily Relative Strength Index (RSI) sits at 36.6, while the Moving Average Convergence Divergence (MACD) remains negative with a flat histogram, confirming the bearish momentum across the daily timeframe. The Fear & Greed Index reads 30, indicating extreme fear in the market.

The Bollinger Bands frame a tight range between $0.13 and $0.16, with price stuck in the lower half below the mid-band. A decisive daily close above $0.15 or below $0.13 is required to resolve the current compression. The compressed volatility is a loaded spring, which means that the next real move will likely be larger than what we have seen.

However, there are different signals across various timeframes. The 1-hour timeframe shows a different story, with price, EMA20, EMA50, and EMA200 all pinned at $0.14, RSI sitting at 47.39, and MACD being flat at zero. This neutrality is not bullish but suggests that sellers have paused and buyers have not yet appeared.