- Influencer Crypto Tony waits for a rebound in FET to enter positions near $0.27 support.
- FET price hovers at $0.267 USD, down 7% daily amid broader AI token correction.
- Analysts forecast FET rebound to $0.29 short-term, with 2025 highs potentially at $3+.
In the AI-fueled corners of crypto’s 2025 bull market, where tokens like FET once soared past $2 on merger hype, a familiar voice is calling dibs on the dip. Crypto Tony, the battle-hardened trader with a knack for timing reversals, dropped a chart update on X today: “$FET / $USD – Update. Waiting for that bounce to get in on a position for FET.” At 12:24 PM GMT on November 26, his post—complete with a stark candlestick graph—has already racked up 12K views, signaling retail eyes sharpening on this beaten-down AI play.
The chart tells a tale of capitulation: FET’s price, now pinned at $0.267 USD per CoinMarketCap, has shed nearly 7% in the last 24 hours and 82% from its yearly peak of $2.20. That horizontal support line at $0.27? It’s the psychological floor where sellers are tiring, and Tony’s red vertical marker screams “entry zone.” Volume’s thinning, RSI’s oversold below 30, and a descending channel breakdown hints at exhaustion. For Tony, this isn’t panic—it’s opportunity. “Nibble on the bounce,” his vibe implies, echoing the patient grind of legends like Arthur Hayes.
Context matters in AI crypto’s wild ride. FET, the token of the Artificial Superintelligence Alliance (merging Fetch.ai, SingularityNET, and Ocean Protocol), promised decentralized agents and oracle magic. But post-merger FUD—lawsuits, token dumps—hammered sentiment, dragging it to yearly lows of $0.15. Yet fundamentals flicker: the Agentverse Launchpad just went live, devs are building, and AI narratives are red-hot amid Nvidia’s rally. On-chain? Whale accumulation ticks up, with 2.36B circulating supply holding steady.
Broader market tailwinds align too. With Bitcoin’s $80K floor holding per Hayes, and Binance’s $51B stablecoin reserves fueling inflows, risk-on flows could lift AI alts. Semantic scans on X buzz with setups: breakouts from wedges targeting $0.46, $0.70, even $5 long-shot dreams. Changelly pegs November’s floor at $0.27—no lower—while CoinLore eyes $3.08 by year-end, a 1,000% moonshot if catalysts ignite.
Tony’s not alone; traders like @CryptoWizardd see $0.50 retraces, and @DefiNiku threads $5 radars. Risks? Bearish divergence lingers, and a BTC slip could test $0.26. But at these levels, FET’s risk-reward skews bullish—like buying Tesla in ’18. For dip hunters, the bounce Tony awaits could be the spark reigniting AI’s fire. Watch $0.30: break it, and $0.40 beckons. In crypto’s trenches, patience pays—the floor’s in, now for the flight.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
