{"id":44667,"date":"2025-06-19T15:00:43","date_gmt":"2025-06-19T12:00:43","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=44667"},"modified":"2025-06-19T14:16:52","modified_gmt":"2025-06-19T11:16:52","slug":"fet-rises-with-buyback-move-will-the-trend-break","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/fet-rises-with-buyback-move-will-the-trend-break\/","title":{"rendered":"FET Rises with Buyback Move: Will the Trend Break?"},"content":{"rendered":"<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>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/fet-rises-with-buyback-move-will-the-trend-break\/#Rebound_from_a_Strong_Support_Zone\" title=\"Rebound from a Strong Support Zone\">Rebound from a Strong Support Zone<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/fet-rises-with-buyback-move-will-the-trend-break\/#What_Levels_to_Watch_Next\" title=\"What Levels to Watch Next?\">What Levels to Watch Next?<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"386\" data-end=\"428\"><span class=\"ez-toc-section\" id=\"Rebound_from_a_Strong_Support_Zone\"><\/span>Rebound from a Strong Support Zone<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<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\u2019s no confirmed breakout yet, a volume-backed move above this trend could open the door toward the $0.75 level.<\/p>\n<hr \/>\n<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>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"What_Levels_to_Watch_Next\"><\/span>What Levels to Watch Next?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<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>\n<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>\n<figure id=\"attachment_159264\" aria-describedby=\"caption-attachment-159264\" style=\"width: 1784px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" 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>\n<hr \/>\n<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\u2019t forget to follow us on our\u00a0<span style=\"color: #0000ff;\"><a href=\"https:\/\/t.me\/coinengineernews\">Telegram<\/a><span style=\"color: #000000;\">,<\/span>\u00a0<a style=\"color: #0000ff;\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a><\/span><span style=\"color: #000000;\">,<\/span>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"color: #0000ff;\">Twitter<\/span><\/a>\u00a0channels for the latest<span style=\"color: #0000ff;\">\u00a0<a style=\"color: #0000ff;\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a><\/span>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<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>\n","protected":false},"author":28,"featured_media":29161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,657],"tags":[4537,14480,5384,847,14027,717,2445,1139,18702,7317,18701,1140,18703,13152,9738,1615,18409,3711],"class_list":["post-44667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-analysis","category-en","tag-ai-token","tag-altcoin-update","tag-crypto-investment","tag-crypto-news","tag-crypto-technicals","tag-crypto-trading","tag-crypto-trends","tag-fet","tag-fet-breakout","tag-fet-price-analysis","tag-fetch-token","tag-fetch-ai","tag-market-insights","tag-price-targets","tag-support-resistance","tag-technical-analysis","tag-token-buyback","tag-trading-volume"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FET Rises with Buyback Move: Will the Trend Break? - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/fet-rises-with-buyback-move-will-the-trend-break\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FET Rises with Buyback Move: Will the Trend Break? - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"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. 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