FET Faces Uncertainty Amid Slowing Rally and Market Pressure

FET, part of the Artificial Superintelligence Alliance, has been on a bullish trend but faces challenges as it approaches resistance levels within a symmetrical triangle pattern. Analyst Crypto Leo notes that breaking these levels is crucial for FET to continue its rally, potentially reaching $3.50. However, significant sell-offs and liquidation of long positions are creating downward pressure, delaying the rally. Despite this, a 10.20% increase in Open Interest suggests a lingering bullish sentiment, though FET's breakout remains uncertain.