$FET Hits New Lows Amid Fears of Prolonged Downtrend and Thin Volume

The Artificial Superintelligence Alliance crypto token, $FET, has been experiencing a bearish trend on its daily chart. As of August 8, 2026, it trades at around $0.14, below its 20-day, 50-day, and 200-day exponential moving averages, which are at $0.15, $0.16, and $0.20 respectively.

The Fear & Greed Index reads 30, indicating a fearful market sentiment, while the daily RSI sits at 36.6, and MACD remains negative with a flat histogram. The volume has dropped by roughly 39% in the past 24 hours, according to CoinGecko data.

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.