Is FET Bullish or Bearish in 2026?

FET has come under renewed selling pressure after a sharp decline over recent days, placing the token at an important technical crossroads. While the recent move has weakened the short-term outlook, traders will now be watching to see whether buyers can defend the next key support area and trigger a meaningful recovery.

FET technical analysis

FETUSD - 1 Day Time Frame

FET has fallen by more than 16% over the past three days, breaking below the low established in February. From a liquidity perspective, this suggests that a significant amount of Sell-Side Liquidity may have been taken around the $0.14 level. While this is an important technical development, the broader setup remains incomplete, as another major liquidity zone lies just below the current price.

The next key area to monitor is the Sell-Side Liquidity zone around $0.13, which originated during the sharp decline in October 2025, when FET lost more than 77% of its value. This level could become the next significant downside target and may also serve as the point where the market's next major reaction develops.

The key factor is not only whether price moves below $0.13, but how it responds afterward. If FET sweeps this liquidity and then produces a strong bullish reaction, it could suggest that selling pressure has been absorbed and that buyers are beginning to regain control of the short-term trend.

FET price target

For the bullish scenario to gain stronger confirmation, FET would need to close above $0.16 on the daily timeframe. Such a move could indicate that the market is recovering after sweeping liquidity below both the February low and the October 2025 support area.

Until that confirmation appears, the technical structure remains vulnerable, as the recent decline continues to reflect strong bearish momentum. As a result, the reaction around $0.13 and any subsequent reclaim of $0.16 remain the two most important technical signals to monitor.

If FET confirms a bullish recovery by closing above $0.16, the next upside objectives could be the Buy-Side Liquidity zones around $0.19, $0.22, and $0.29. These levels could serve as logical upside targets if bullish momentum returns following the liquidity sweep. For now, however, the outlook remains dependent on whether buyers can defend the $0.13 area and generate enough strength to reclaim the key $0.16 level.

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