🚀 $FET: A base first. A trend reversal after confirmation.
The recovery is still below the downward trend line that has capped the highs since January. Until that breaks, further swings within the range remain possible.
Repeated support around $0.210–0.222 could build a stronger base near the 0.618 Fibonacci level at $0.2096. Sideways consolidation there would matter more than a single bounce.
The projected path includes another rejection near $0.25 before a return toward $0.215. If that area holds, a later break of the trend line could open $0.275, followed by $0.30–0.32.
Around 48.8% above $0.215. Below $0.20, this setup is invalidated.
🫵🏻Are you already positioned or waiting for the correction? $FET 🤖💎🚀
The recovery is still below the downward trend line that has capped the highs since January. Until that breaks, further swings within the range remain possible.
Repeated support around $0.210–0.222 could build a stronger base near the 0.618 Fibonacci level at $0.2096. Sideways consolidation there would matter more than a single bounce.
The projected path includes another rejection near $0.25 before a return toward $0.215. If that area holds, a later break of the trend line could open $0.275, followed by $0.30–0.32.
Around 48.8% above $0.215. Below $0.20, this setup is invalidated.
🫵🏻Are you already positioned or waiting for the correction? $FET 🤖💎🚀