Fetch.ai (FET) is heating up once again as it revisits a powerful historical zone same consolidation range ($0.35-$0.65) that preceded explosive rallies of 15,600% and 6,400% in the past. This critical support lies at the base of a long-standing multi-year ascending channel that's guided FET's price action since 2020.
Here's why the FET community is buzzing:
📈Historical Pattern: Every major bull cycle for FET began with accumulation at this channel support, followed by a breakout above the falling trendline triggering massive upside moves.
🔥Current Setup: As long as price holds above the key $0.35 level, the bullish structure remains intact. A breakdown below this would invalidate the setup SO risk management is key.
🌀Targeting $24.00? If history repeats, FET could surge toward a mind-blowing 5,000%+ upside, potentially reaching as high as $24.00. That's the kind of move that transforms portfolios.
💡Opportunity Zone: FET is back in the demand zone the same place smart money accumulated before liftoff. For bold traders and long-term believers, this could be a prime opportunity.
Bottom Line: The pattern is clear. The setup is technical. The potential is huge. But discipline is everything accumulate wisely, and have a solid exit plan if the channel breaks.
Will you be part of the next legendary FET breakout?