FET Bulls Eye $9 Target as Weekly Chart Flashes Familiar Setup

FET is making a comeback after analyst Mikybull declared that the bull run has begun, with a target price of $9 on the table.

The call is based on a weekly chart that shows a familiar pattern repeating itself. FET has spent much of the past cycle grinding lower under a descending trend-line, but now it's testing the same resistance zone again.

Mikybull argues that this setup is similar to previous phases where FET compressed under downward-sloping resistance, then broke and ran. If this lid gives way with conviction, the next expansion could be underway.

The current price of $0.23 is still far below prior cycle highs, making a full-cycle recovery move to $9 ambitious but not impossible.