Analysis
$FET 12/02/2025
#FET , it's been a long time since I posted about
#altcoin , and this year of 2025 I will probably do it little, since there are people who think that we are responsible for updating each new movement about a certain altcoin that you post, so it will be avoided, however, due to many requests about this one and I particularly like it, so I will post today.
It is known to all that FET, with all those mergers, ended up having problems with large whales who quickly withdrew $1 Billion from it and with that it was really an easy path to the bottom. (However, I liked the response that FET gave to these large investors directly).
However, I think that this green region on the chart is the BOTTOM for FET, of course, depending on Bitcoin's performance and its Dominance, it may still take a little longer to get out of here, but the worst is over and we will see a good recovery in prices soon.
The main level I'm watching here is $1.08, which is the key level for us to start a good move up towards $2.25.
Notice that I've drawn an orange diagonal line following the previously rejected points, this line should be broken in the next few days, facilitating a move first to $1.08 and then higher.
In the last few days, FET has dedicated good efforts to empower developers and companies to build intelligent agents that connect in decentralized ecosystems, bringing another great opportunity for growth.
FET is not the coin that will make you rich in this bull market, but it probably will if you hold it long enough. I personally won't sell any FET in 2025 or in the next 5/8 years. I'm a big fan of what these guys are building there.
$2.25 soon!