FET is trading above a major long-term support zone, with analysts identifying several resistance levels that could shape the token’s next major move.

As the final week of July approaches, Bitcoin (BTC) is once again trading above the $64,000 level, drawing renewed attention to price action across several altcoins. Among the assets being watched is FET, the token associated with the Artificial Superintelligence Alliance. Bitcoin’s move is relevant because traders often use BTC strength or weakness as a backdrop when assessing risk appetite in the broader crypto market, including sector-specific tokens such as AI-linked assets.

According to CoinMarketCap data cited in the source, FET is currently trading in the $0.15 range. The asset is up by more than 5% over the past 24 hours. On the one-month chart, however, FET remains down by more than 6%, while on the yearly chart it is lower by about 78%.

FET Holds Above a Major Long-Term Support Zone

Analysts are monitoring the FET chart for technical signals after an extended correction. The token is trading above a major long-term support area, while several resistance zones remain ahead if the price attempts a broader recovery. In technical analysis, support and resistance zones are watched because they mark areas where buying or selling has previously been strong enough to affect price direction.

The analysis cited in the source states that FET has stabilized near recent lows and continues to defend an area where buyers have repeatedly entered the market. Based on that structure, the analyst said the higher-timeframe setup remains constructive as long as the support zone continues to hold.

The first major level identified is around $0.99. According to the analysis, this area previously served as an important support level before FET broke below it, making it the first key resistance level that buyers would need to reclaim. A move above $0.99 was described as a development that would significantly strengthen bullish momentum.

The next level cited is near $2.20. The source said this zone acted as a major consolidation area during the previous cycle and could slow any advance if sellers become active again at that level.

Key Resistance Levels Remain Ahead

If FET were to reclaim the $2.20 area, the analysis said attention would shift toward the final major resistance zone. The highest target identified in the source is around $3.46, described as the previous all-time high region.

According to the cited analyst, a break above the $3.46 area would complete FET’s recovery from the bear-market decline and could move the token into price discovery. The projected move toward that final level was described as representing approximately +3,600%, which the source characterized as one of the stronger long-term recovery setups in the AI sector if broader market conditions remain supportive. For now, the levels highlighted by analysts provide a framework for monitoring whether FET can maintain its long-term support and progressively reclaim prior market structure.