FET – HTF Setup Primed for Expansion

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: