#FET is shaping up a *Descending Broadening Wedge* on the weekly chart ๐ง โ a classic bullish reversal pattern!
This means while the price is making wider lows and highs, itโs actually building up pressure for a strong breakout soon. Think of it like a coiled spring ready to launch ๐.
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Why FET stands out:
- Itโs one of the *strongest AI-related coins* in the market right now ๐, tapping into the hottest sector.
- AI tech and adoption keep growing, so projects like Fetch have huge real-world use cases and investor interest.
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Current situation:
- Price is bouncing *between two key zones* inside this wedge โ likely the bottom ๐.
- This area could be a great long-term entry point before a major move.
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What to expect:
- OnceFET breaks out of this wedge upwards, expect a *price discovery phase* where momentum can push it far beyond previous highs ๐.
- Long-term growth looks promising as AI hype and adoption fuel demand.
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Prediction & analysis ๐ฎ:
- Stay patient โ FET is consolidating but gearing for a bullish shift.
- Watch for breakout confirmation with volume surge to enter confidently.
- If breakout happens, targets could be multiple times current levels in the months ahead.
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Summary:FETโs weekly Descending Broadening Wedge suggests the worst may be behind us. With strong AI fundamentals backing it, this looks like a prime setup for a long-term bull run and price discovery. Keep an eye on key zones and be ready for takeoff! ๐๐๐ฅ