Fetch.ai ($FET) is heating up once again, and all eyes are on a familiar zone—the same price range that kicked off explosive rallies of 15,600% and 6,400% in previous cycles. Currently trading between $0.35 and $0.65, FET has returned to the lower support of a multi-year ascending channel that has shaped its price action since 2020.

Here’s why the FET community is buzzing: every major breakout in FET’s history began right here—accumulation near channel support, a clean breakout above the downtrend, and then a sharp move toward the upper boundary. As long as the price stays above $0.35, the bullish setup is still alive. Drop below that, and the whole structure could fall apart.

But if the channel holds? The upside potential is massive—some analysts are eyeing targets as high as $24. That’s a jaw-dropping 5,000%+ gain from current levels.

For risk-takers and long-term believers, this could be a golden window. Accumulate in the demand zone, but stay smart—have an exit strategy ready in case the setup breaks. FET might just be gearing up for another legendary run. The question is: will you be on board when it takes off?

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