$FET is approaching a zone where the fate of the next move may be decided.
After rising from $0.148 to $0.270, the 0.618 retracement level is around $0.1946.
So the $0.190–$0.199 area is especially interesting right now.
If the price holds there and starts forming a base, the next targets will be $0.222 and $0.241, followed by a return to $0.270.
But first, we need to see that buyers are actually defending this zone.
A break below $0.176 would weaken the bullish scenario.
After rising from $0.148 to $0.270, the 0.618 retracement level is around $0.1946.
So the $0.190–$0.199 area is especially interesting right now.
If the price holds there and starts forming a base, the next targets will be $0.222 and $0.241, followed by a return to $0.270.
But first, we need to see that buyers are actually defending this zone.
A break below $0.176 would weaken the bullish scenario.