$FET at $0.13 looks terrible

Perfect

Because the best asymmetric setups rarely look comfortable.

After years of destruction,$FET is sitting near the bottom

while its previous major reaction levels are still sitting far above:

$0.98 → $2.18 → $3.46

Even Target 1 would be roughly a 7x from here.

And a full move toward the old highs?

Around +3,100%

The market currently prices

$FET like the AI narrative will never matter again.

I think that’s a dangerous assumption.

If momentum returns, people won’t suddenly become bullish at $0.13.

They’ll become bullish after the first 5x and call $2 cheap

Same movie. Different cycle