$FET is trading where previous cycles started, not where they ended
Most traders look at the current price and see weakness
The chart tells a different story
Back in 2021, the $1.15 area acted as a major support zone before
$FET launched into a massive expansion phase
In 2024, the market confirmed the importance of that level again
turning it into one of the key structural zones on the entire chart
Now price sits near cycle lows while those historical levels remain far overhead
That creates a very clear roadmap
🟠 First major target: $1.15
That’s the level where buyers previously took control of the market
🟠 Second target: $2.16
The most important resistance from the last cycle and the area that would confirm a full trend reversal
🟠 Final target: $3.43
The previous all-time high region
What’s interesting is that
$FET doesn’t need new highs tomorrow to become one of the strongest performers in the AI sector
It only needs to start reclaiming the levels that already mattered before
Markets often spend years building a base and only a few months moving vertically
Right now,
#FET still looks much closer to the base-building phase than the euphoric one