$FET is back in the zone that sparked 15,000%+ rallies. Same setup. 50x incoming?
FET continues to respect its multi-year ascending channel structure, active since 2020.
Price Action History:
š¹ Wave 1 (2020ā2021): +15,600% rally from channel support to resistance
š¹ Wave 2 (2022ā2024): +6,400% move following a similar breakout pattern.
š¹ Current Cycle (2025): Price is consolidating in the same accumulation range of $0.35ā$0.65.
Key Demand Zone: $0.35ā$0.65
Upside Target: ~$24.00 (5,000%+ potential)
š» Breakdown Level: Below $0.35 = Structure invalidation
Structure Insight:
Each macro move begins with:
š¹ Accumulation at channel support
š¹ Break of falling trendline
š¹ 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.
Source: Crypto Patel
