🧠 $FET THE DISTANCE BACK TO THE TOP IS ENORMOUS
$FET is attempting to recover from its weekly base. The first real test is reclaiming $0.30–$0.45 and holding it through a retest.
In a sustained bullish reversal, I’m watching $1.00, $2.10, then the historical high near $3.50.
That final level sits roughly 1,336% above the chart’s $0.2437 price. It requires a full trend recovery, not just a bounce.
A weekly close below $0.12 invalidates this recovery scenario.
$FET is attempting to recover from its weekly base. The first real test is reclaiming $0.30–$0.45 and holding it through a retest.
In a sustained bullish reversal, I’m watching $1.00, $2.10, then the historical high near $3.50.
That final level sits roughly 1,336% above the chart’s $0.2437 price. It requires a full trend recovery, not just a bounce.
A weekly close below $0.12 invalidates this recovery scenario.
