FET is making waves on the weekly chart right now. The token just closed above that long-term descending trendline—a move that signals the end of the extended bearish run and confirms a legit structural shift to the upside.

So what's actually in play now? The monthly resistance sits at $0.4602, which would represent an 85% gain from current levels. Push higher and you're looking at the quarterly high around $0.8886—that's a potential 257% move if momentum holds.

The technical picture looks cleaner after that trendline break. The weekly structure is flipping bullish, which is exactly what traders watch for when a long downtrend finally cracks. Whether it runs all the way to those upside targets depends on how the market behaves around near-term support zones, but the directional bias has definitely shifted.