The current price of Artificial Superintelligence Alliance (FET) stands at $0.181626, reflecting a slight decline of -0.06014% over the last 24 hours. The daily trading range has been narrow, between a high of $0.189517 and a low of $0.181129, indicating a market that lacks volatility and is currently consolidating.

Volume for FET is recorded at approximately 49.14 million, with a volume-to-market cap ratio of 11.84%, suggesting moderate trading activity relative to the overall market capitalization. The hourly moving averages show a consistent downward trend, with all averages (8 SMA to 144 SMA) registering losses between -1.54% to -10.06%, indicating bearish momentum in the short to medium term.

Momentum indicators support the bearish outlook; the 1-hour RSI is at 32, suggesting oversold conditions, while the 7-day RSI at 40 indicates that the asset is nearing oversold territory but still lacks strong bullish signals. The price changes over the past week (-17.26%), two weeks (-24.28%), and month (-27.29%) illustrate a significant downward trend, reflecting ongoing selling pressure.

FET's all-time high of $3.45 reached on March 28, 2024, emphasizes the extent of the current decline and potential for recovery, but it also highlights the volatility of the asset. Given the substantial drop from its all-time high and the weak technical indicators, FET appears to be in a corrective phase, needing a catalyst for a turnaround.

In conclusion, the technical indicators combined with the bearish sentiment in price movements suggest that FET is currently under pressure with no immediate signs of recovery. Therefore, the rating for FET is a Sell, as the asset is likely to continue experiencing downward pressure unless significant positive developments arise in the near future.