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		<title>FET Rises with Buyback Move: Will the Trend Break?</title>
		<link>https://coinengineer.net/blog/fet-rises-with-buyback-move-will-the-trend-break/</link>
					<comments>https://coinengineer.net/blog/fet-rises-with-buyback-move-will-the-trend-break/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Thu, 19 Jun 2025 12:00:43 +0000</pubDate>
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					<description><![CDATA[<p>One of the most notable moves in the crypto market today came from Fetch.ai, which announced a $50 million token buyback program. Following the news, FET gained nearly 6%, drawing strong attention from traders and investors alike. Rebound from a Strong Support Zone After the announcement, the price rebounded from the key support range between</p>
<p>The post <a href="https://coinengineer.net/blog/fet-rises-with-buyback-move-will-the-trend-break/">FET Rises with Buyback Move: Will the Trend Break?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="146" data-end="384">One of the most notable moves in the crypto market today came from <strong data-start="213" data-end="225">Fetch.ai</strong>, which announced a $50 million token buyback program. Following the news, <strong data-start="300" data-end="307">FET</strong> gained nearly 6%, drawing strong attention from traders and investors alike.</p>
<h2 data-start="386" data-end="428">Rebound from a Strong Support Zone</h2>
<p data-start="430" data-end="703">After the announcement, the price rebounded from the key support range between $0.65 and $0.61, touching the resistance of the downward trendline. While there’s no confirmed breakout yet, a volume-backed move above this trend could open the door toward the $0.75 level.</p>
<hr />
<p><em>You Might Be Interested In: <span style="color: #0000ff;"><a style="color: #0000ff;" href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></span></em></p>
<hr />
<h2>What Levels to Watch Next?</h2>
<p data-start="741" data-end="923">If <strong data-start="744" data-end="751">FET</strong> breaks above the trendline with strong momentum, the next target would likely be $0.75. On the flip side, if the support range is lost, the next major support is at $0.57.</p>
<p data-start="925" data-end="1026">Volume remains the key factor to watch, as it may determine the direction of the next major move.</p>
<figure id="attachment_159264" aria-describedby="caption-attachment-159264" style="width: 1784px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" class="wp-image-159264 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/06/FET.png" alt="FET" width="1784" height="820" /><figcaption id="caption-attachment-159264" class="wp-caption-text"><em>FET/USDT pair 4-hour chart.</em></figcaption></figure>
<hr />
<p data-start="925" data-end="1026"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <span style="color: #0000ff;"><a href="https://t.me/coinengineernews">Telegram</a><span style="color: #000000;">,</span> <a style="color: #0000ff;" href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow">YouTube</a></span><span style="color: #000000;">,</span> and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><span style="color: #0000ff;">Twitter</span></a> channels for the latest<span style="color: #0000ff;"> <a style="color: #0000ff;" title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a></span> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/fet-rises-with-buyback-move-will-the-trend-break/">FET Rises with Buyback Move: Will the Trend Break?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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