$FET spent more than a year inside a brutal macro downtrend after the euphoric expansion phase peaked
Now price is sitting near the same compressed base where previous major recoveries started forming
That matters because the strongest rallies usually begin after complete exhaustion when volatility disappears and market attention fades away
The first major resistance zone sits around $0.98
That level previously acted as an important rejection point during the last relief rally, so reclaiming it would be the first real signal of structural strength returning
Above that, the next macro targets sit near $2.18 and eventually around $3.45 where the previous cycle entered full euphoric expansion
Most traders wait until assets already move several hundred percent before becoming bullish
But historically the biggest asymmetric opportunities usually appear during the silent accumulation phase while sentiment remains completely dead
