Technical analysis by Maddox_Metrics about Symbol FET on 10/20/2025

FET has disappointed many and continues to be dumped hard. We can see 3 waves up from the very bottom as an ABC followed by a 5 wave structure down that's nearly complete, as weekly RSI hits oversold. No bullish divergence. The wave 5 structure down resembles a motif wave which means any bullish moves are now corrective and we won't likely see all time highs again but we can still make decent profit. Once a bottom is found, price should return to $0.6, at least, as counter trend rally / reversion to mean where it may find heavy selling. Price needs to break $0.84 and find a higher low to flip the structure bullish again, a tough challenge. Downside 'alt-coin golden pocket' Fibonacci, 0.786 has not been reached yet and is the highest probability area for alts to bottom, $0.13. Safe trading