The analysis focuses on FET/USDT on the daily chart, suggesting it might be preparing for an upside breakout, though a correction has been ongoing since May, following a five-wave rally. There's an identification of an A, B, and C wave pattern, with the potential for D and E waves to form a triangle before any breakout. The analyst sets the lower bound to 43.2 cents. The target is at $1.55. There is an evaluation of a potential triangle pattern, but a break below the June low of 54.5 cents would invalidate this pattern. The market is testing the 50% Fibonacci retracement level at 58 cents. As long as the market remains above this, the triangle formation is viable. Key support levels are identified between 51.66 cents and 43.2 cents. Holding above 43.2 cents maintains the B-wave interpretation, whether as a triangle or a WXY structure.