Is $5 The Next Stop for FET?

Recent Price Surge: FET sees almost a 20% increase this week, indicating strong market momentum.
Market Cap and Trading Volume: With a $2.602 billion market cap and a 67% rise in trading volume, FET's demand is on the rise.
All-Time High: FET reached a new all-time high at $3.34 but has seen a slight pullback to $3.0993.
Doji Candle Formation: Indicates a pause after a bullish run, with FET showing potential for further action.
Resistance Breakout: FET price action includes a breakout above the overhead resistance trendline.
Fibonacci Levels: Challenging the 50% Fibonacci level at $3.39, with eyes on a move to $4.44.
Rounding Bottom Reversal: Supports a bullish trend continuation in the daily chart.
Bollinger Band Surge: FET challenges the upper Bollinger band, signaling bullish momentum.
MACD Indicator: Shows a potential negative crossover, hinting at supply pressure around $3.39.
AI Sector Buzz: The merger buzz around SingularityNET, Fetch.ai, and Ocean Protocol fuels FET's rally.
Bitcoin Halving Anticipation: Contributes to the overall altcoin market's bullish sentiment, including FET.