FET weekly view and lookout 
2024-11-29

FET doesn't give much weekly indicators but there can be a channel assumed in which the upper end (channel top) is a current  resistance indication of parabolic rises in the future and the lower end (channel bottom) a support indication. 

if we follow the channel top towards end of 2025, a price of roughtly $5 can be assumed. of course trajectory and upside are volatile and with major news the channel top might be even breached. since  BINANCE:FETUSDT  already has a more than doubling of it's price top compared to 2022, it's hard to guess where we go from here. 

I'd assume it'll respect the bottom trendline a few times before making its next big move up. Especially since it's recent partnership with agix and ocean protocol and the still not really happened AI craze of the AI sector in crypto (comparatively speaking).

maybe the 4h gives more indications in my next post.