The Artificial Superintelligence Alliance token (FET) extended its recovery rally, climbing nearly 14% on Monday and pushing weekly gains above 25%. The move reclaimed key EMA and Fibonacci levels, with bulls now eyeing a decisive break above the $0.26 resistance zone.
FET traded near $0.2493 after gaining 17.13% daily and 29.73% weekly, tightening beneath a descending-channel resistance that has capped every major rally since late 2024. ZAYK Charts identified FET approaching a mature breakout zone with compression under the trendline, and recent rebounds displayed stronger continuation behavior and reduced rejection intensity.
Derivatives data show a significant positioning reset. After deeply negative funding rates dominated between late 2025 and early 2026, leverage conditions stabilized as downside momentum weakened. A major liquidation event near late March coincided with historically negative funding, often a sign of local exhaustion. Open interest recovery now suggests cautious, rather than excessively leveraged, positioning.
The improving AI-sector narrative adds support. FET remains closely tied to decentralized artificial intelligence infrastructure, and AI-related tokens tend to outperform during narrative-driven speculative rotations. Negative exchange netflows indicate that accumulation demand is still modest, but spot participation will likely determine whether a confirmed macro breakout materializes. The measured-move projection targets approximately $0.54 — nearly 95% upside from current breakout territory.
