Technical analysis by persis10t about Symbol FET: Buy recommendation (4/10/2025)

Join our community and start your crypto journey today for:In-depth market analysisAccurate trade setupsEarly access to trending altcoinsLife-changing profit potentialLet' analyse FETUSDT:FET is currently moving within a clearly defined ascending channel, visible on the weekly timeframe. This structure has guided price through several major boom-bust cycles, all forming within the same parallel boundaries—providing a strong technical roadmap for long-term accumulation and exit strategy.Historical Cycle Breakdown:A to B: 98.4% dropB to C: 15,458% rallyC to D: 95.4% dropD to E: 6,310% rallyE to F (current): 90.4% drop so farThe current dump from E to F aligns perfectly with the Fibonacci 0.618 retracement level — just like the historical dumps to points B and D, which also bottomed at the 0.618 zone before staging explosive rallies.Point F also coincides with the lower boundary of the long-term ascending channel, a region that has historically offered exceptional risk-reward accumulation zones.This confluence of channel support + fib retracement makes Point F a technically strong zone for smart accumulation.Accumulation levels:$0.30 to $0.234If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.Happy Trading!!Inverse Head and Shoulder in lower timeframe!!FETUSDT 22% rally on lower time-frame!!More than 40% up from our Futures trade set-up entry!!FET bounced almost 100% from our entry!!