📌📈🎁$FET just printed a clean breakout from a well-defined descending price channel that has been capping price since early June. After bouncing hard from the lower channel boundary, price action surged with strong momentum, suggesting a potential trend reversal brewing on the 4H timeframe.
Following the breakout, a textbook bull flag is forming—typically a continuation pattern signaling consolidation before the next leg up. If confirmed, it sets the stage for an impulsive move toward the $0.812 zone, which aligns with horizontal resistance and the upper end of previous price interaction.
The setup now hinges on holding above $0.63–0.65 short-term. A clean break above the bull flag resistance would invalidate the downtrend structure completely and invite fresh momentum buyers into the market.
Momentum is shifting—watch the breakout, not the doub
