๐ค $FET IS SITTING AT A VERY INTERESTING LONG-TERM AREA
The monthly structure is still worth watching.
$FET made:
First low
First high
Higher low
Higher high around $3.47
And now itโs trying to form another higher low near the current $0.16 area.
If the project keeps growing and this long-term structure survives, the upside levels get interesting fast.
A reclaim of $0.95 โ $1.40 โ $1.80 โ $2.20 would start rebuilding momentum.
Above the previous high, the 1.618 Fib extension sits around $5.55.
At current prices, I think the potential upside versus the downside makes the long-term risk/reward very interesting for DCA.
Nothing is guaranteed. This is simply the higher-probability scenario I see from the technical setup, not a recommendation to buy $FET. Always do your own research.
The monthly structure is still worth watching.
$FET made:
First low
First high
Higher low
Higher high around $3.47
And now itโs trying to form another higher low near the current $0.16 area.
If the project keeps growing and this long-term structure survives, the upside levels get interesting fast.
A reclaim of $0.95 โ $1.40 โ $1.80 โ $2.20 would start rebuilding momentum.
Above the previous high, the 1.618 Fib extension sits around $5.55.
At current prices, I think the potential upside versus the downside makes the long-term risk/reward very interesting for DCA.
Nothing is guaranteed. This is simply the higher-probability scenario I see from the technical setup, not a recommendation to buy $FET. Always do your own research.
