FET continues to respect its multi-year ascending channel structure, active since 2020.
Price Action History:
🔹 Wave 1 (2020–2021): +15,600% rally from channel support to resistance
🔹 Wave 2 (2022–2024): +6,400% move following a similar breakout pattern.
🔹 Current Cycle (2025): Price is consolidating in the same accumulation range of $0.35–$0.65.
Key Demand Zone: $0.35–$0.65
Upside Target: ~$24.00 (5,000%+ potential)
🔻 Breakdown Level: Below $0.35 = Structure invalidation
Structure Insight:
Each macro move begins with:
🔹 Accumulation at channel support
🔹 Break of falling trendline
🔹 Aggressive expansion toward the upper boundary
The projected Wave 3 follows this same path if demand zone holds. The structure remains bullish as long as price stays above $0.35.
FET is trading at a high probability accumulation level within a valid macro trend. If history repeats, this could be the next major leg up.
✅ Favor long accumulation strategies
❌ Exit plan needed below $0.35
NFa & DYOR
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
