📊 $FET Monthly Outlook – Expansion Loading ⏰

$FET is coiling tightly on the monthly chart after nearly 18 months of consolidation, sitting right on the Monthly 50MA — the same setup that preceded its last two major expansions. Structurally, it remains in a 6-year uptrend, a rare display of strength among altcoins.

🔻 Downside scenario: A possible fakeout into the $0.40–$0.50 zone to retest long-term support. A breakdown here would threaten the bullish structure.

🔺 Upside scenario: A decisive flip of the monthly downtrend resistance with volume would likely trigger full expansion mode.

Macro backdrop adds fuel — risk-on flows are returning, and Powell is signaling rate cuts. September, often slow, may break the script this year. A shakeout is probable, but a clean double-bottom on the monthly could be the launchpad before liftoff.

🚀 $FET remains one of the strongest AI plays on the higher timeframe.