Technical analysis by dRends35 about Symbol FET: Buy recommendation (8/16/2025)

FET #59 With Bitcoin having a slump and FET remaining shallow, I think this might be a good area to start buying up FET. Currently it is @ $0.71 which is just below the apex of what appears to be a contracting triangle. Notice that there is a higher low and a lower high to form this shape. These pivots do not at all prove that FET has to hold. But notice that there is very little price action below $0.65 - price seems to be propped up above ... I think that may be a little signal that bullish cause is building. And the fact that it has not slumped with Bitcoin is a bullish signal that this may be an accumulative area. In the end I think Bitcoin goes lower, so it will be very interesting to see if FET has some positive moves on any Bitcoin bounces - or perhaps it might just break out. I bought some here 👍. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.As well as the disclaimer above, please note that I post ideas in real time but I'm certainly not running a crypto paramedic service here on TradingView. Altcoins move a lot and things can change / dominant assets can have wavering influence etc. I have made no commitment to increase my workload by maintaining tempo on threads after the initial post - though I may do from time to time. Be sure to DYOR and only trade what you can afford to lose.