Technical analysis by Maddox_Metrics about Symbol FET on 6/12/2025

FET is stuck in a wave 4 complex correction just below major resistance HVN with a thrust below likely before continuing the uptrend.FET appears to have completed 3 waves up with ending diagonal for wave 3. Wave 4 are defined by there long drawn out ranges like we see here. Im looking for a swing below the $0.7 support line to complete this correction potentially tapping the S1 pivot and 0.5 Fibonnaci retracement.Analysis is invalidated if price turns bullish abd makes a new swing high, challenging the resistance once more.Follow my trades etoro.com/people/dmaddoz88See my latest models & analysis on a broad range of assets at maddoxmetrics.io (Soft launched)Safe Trading