FET is looking strong here from a high time frame perspective — currently sitting around $0.739, well into the discount zone of the macro trend channel.
We’ve got:
✅ Price holding monthly demand
✅ A clear swing higher low forming on the weekly and 3W
✅ Already seen the first expansion leg out of demand
✅ Now potentially loading the next move higher
Zooming out, price is still trading below the midline of the long-term uptrend channel — and a move back to the upper boundary puts targets in the $6 region, aligned with a new higher high.
📈 HTF Structure
Midline rejection flipped support
Demand tested and respected
HL printed after clean retest
370% upside just to retest the prior HH at $3.50
HTF trend structure still fully intact
This setup is also supported by the broader HTF bullish bias across BTC, ETH, and majors, which adds confluence to a potential larger expansion phase for alts — especially strong narratives like AI.
🎯 Targets
🎯 $3.50 = prior high
🎯 $6.00+ = upper channel target / next HTF extension zone
From current levels, risk/reward looks very clean.
1W:
3W:
3M:
We’ve got:
✅ Price holding monthly demand
✅ A clear swing higher low forming on the weekly and 3W
✅ Already seen the first expansion leg out of demand
✅ Now potentially loading the next move higher
Zooming out, price is still trading below the midline of the long-term uptrend channel — and a move back to the upper boundary puts targets in the $6 region, aligned with a new higher high.
📈 HTF Structure
Midline rejection flipped support
Demand tested and respected
HL printed after clean retest
370% upside just to retest the prior HH at $3.50
HTF trend structure still fully intact
This setup is also supported by the broader HTF bullish bias across BTC, ETH, and majors, which adds confluence to a potential larger expansion phase for alts — especially strong narratives like AI.
🎯 Targets
🎯 $3.50 = prior high
🎯 $6.00+ = upper channel target / next HTF extension zone
From current levels, risk/reward looks very clean.
1W:
3W:
3M:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.