The chart clearly shows the stages of FET’s price growth through the formation of several sideways channels, after which an upward breakout occurs. The current situation indicates the possibility of a continuation of the upward trend with the next price breakout. After breaking out of the blue sideways channel, a 27.39% increase is expected, bringing the price to around $2.18. The chart demonstrates a stable trend with gradual growth, indicating healthy market dynamics for this coin.