📊 Fetch AI ($FET ) Market Update — Aug 15
Pattern: Still tracking a triangle formation on the daily chart.
Main Support Zone: $0.43 – $0.58 (macro)
Short-Term Fibonacci Support: $0.635 – $0.70 (critical to hold)
Early Breakout Signal: Break above $0.89
Full Breakout Confirmation: Break above $1.00
Targets if breakout holds:
Short-term: $1.55
Extended bull case: $6.20+ (projection, not guaranteed — depends on Bitcoin trend)
Summary:
D-Wave rally still in play if $0.635 holds.
Pullback likely part of B-wave — watching for bullish reaction in support range.
Move above $0.89 = early breakout
Move above $1.00 = strong confirmation of bullish breakout
Drop below $0.635 risks invalidating D-wave bullish setup.