$FET still looks massively undervalued when viewed from the macro chart
The interesting part isn’t the recent price action
it’s the levels the market keeps reacting to cycle after cycle
📍 $1.18 - historical support zone that launched previous expansions
📍 $2.19 - key resistance and major liquidity area
📍 $3.47 - final macro target and previous cycle high
What stands out is how every major rally in
$FET started from the same accumulation region near the lows
We’ve now spent months rebuilding a base after a brutal correction from the 2024 highs
If buyers can push price back into the $1.18 region and establish acceptance above it
the structure changes dramatically
Above there, the next magnet becomes $2.19
and a breakout through that level would put the previous cycle high back on the table
The AI narrative isn’t going away
but
$FET is trading a long way below the levels where most market participants became interested
That’s usually where the best risk/reward setups appear