Altcoin FET shows strong bullish trend on 4-hour chart. The asset sits at a long-term buy zone. Analysts believe a new ATH is highly likely for FET price. The altcoin community continues to h
The altcoin community continues to hold bullish hope despite the price of BTC falling to the $83,000 price range. Over the last few weeks, the prices of several promising altcoin assets grew spectacularly, leading to higher prices being reclaimed. Now, as the market experiences a short correction, altcoins prepare to face new resistance levels. In detail, FET shows strong bullish trend on 4-hour chart.
As the week approaches the final day of Q3 2026, the crypto community prepares to see how the market will react after the monthly close. At the moment, the price of Bitcoin (BTC) is trading as low as the $83,000 price range. Meanwhile, the price of ETH is trading at the $2,600 price range, showing that both assets are holding strong despite the small price dips. Still, some experts believe BTC will drop to $79,000 over the coming days.
If so, then the monthly close could prove to be a deciding factor. Will BTC dip further today or much later into the month of October, marking the start of Q4 2026 as a bearish start? In the long term, these analysts expect a dip continue to be highly bullish and are patiently waiting for BTC to reclaim much higher prices. Meanwhile, expectations for altcoins are high, especially since ETH continues to show greater resilience.
https://twitter.com/gandreou007/status/2105206016027537685
As we can see from the post above, this expert highlights how FET is sitting in a major long-term buy zone. In particular, the post marks how FET is still building a base around the 0.15 - 0.3 price area after a brutal correction. If this accumulation zone holds, the first major level to watch would be around $0.98 price range. Above that, $2.20 and the previous ATH near $3.48 become the key resistance zone, break this and FET enters price discovery.
As we can see from the post above, FET price is showing a strong bullish trend on the 4-hour chart. After breaking above the $0.20 resistance zone, price rallied toward $0.26 before entering a healthy pullback. Presently, the key support zone sits at $0.214 - $0.2, a recovery above $0.2615 could open the door toward the $0.30 target, while losing support may trigger further consolidation. Can FET regain momentum and push toward $0.30?
