$FET spent more than a year trapped inside a persistent bearish structure after the euphoric AI narrative peak

But the chart is now approaching a very important transition zone

The long-term downtrend that controlled price for months is starting to weaken while buyers continue defending the same accumulation region

That usually matters more than most traders realize

Major reversals often begin with compression near the lows

Not with instant vertical rallies

The repeated rejection points marked on this chart show where sellers previously dominated every bounce attempt

Now price is stabilizing directly underneath that trendline while volatility continues shrinking

That’s often the setup before expansion

If momentum confirms and the breakout structure develops, the recovery phase can accelerate very quickly because the market spent so long positioning for downside continuation

The strongest trends usually begin when sentiment is still skeptical

And if this base fully resolves upward, the upside potential on $FET becomes much larger than most participants currently expect#fet