The analyst discusses the FET/USDT chart, noting that a previous long trade setup has been invalidated after breaking the April low. The actual market trend is bearish, with a current price of $0.2619. For a long trade, the analyst requires a five-wave move up, a three-wave move down, and then a breakout, and also, is needed to break above $0.50 for an indication of a formed low. Lacking a clear structure and objective trend to the upside in micro timeframes (1H), there is high unclarity now to suggest that the trend is going to be reverted. Still, with 0.156 - 0.26 USD support zone, breaking 0.50 and with a target of 6.23 is possible in a short amount of time.