The current price of Artificial Superintelligence Alliance (FET) stands at $0.235493, reflecting a 24-hour decline of 4.16%. The price has oscillated between a daily high of $0.246191 and a low of $0.234015, indicating low volatility with a daily range of just 0.012176%.

Trading volume over the last 24 hours is reported at approximately 61.3 million, representing about 10.03% of the market cap. The hourly moving averages reveal a consistent downward trend, with all observed SMAs (8, 13, 21, 55, and 144) showing negative shifts, particularly the 144 SMA at -4.09%, suggesting sustained selling pressure.

The Relative Strength Index (RSI) metrics indicate oversold conditions with a 1-hour RSI at 23, while the 7-day RSI is more neutral at 49. However, the longer-term price changes are concerning, with a 7-day decline of 6.17%, a 14-day drop of 10.08%, and a 30-day decrease of 15.18%, reflecting ongoing bearish sentiment.

FET's all-time high of $3.45 reached in March 2024 emphasizes the significant distance the asset has to recover. Current price levels are substantially lower than historical highs, which may attract long-term investors but also raise caution due to the persistent downtrend.

Considering the technical indicators, persistent selling pressure, and unfavorable price movements, a cautious approach is warranted. Therefore, the recommendation is to Hold FET, as the asset may need to stabilize and reverse its current downtrend before a Buy signal can be justified.