The analysis focuses on Fetch.AI (FET) and presents two possible scenarios based on Elliott Wave theory. The primary scenario anticipates a continuation of downward pressure. Resistance levels are identified at $0.254 and $0.29. A break above $0.309 to $0.372 would signal a potential upward move, but further analysis would be needed. The initial expectation is for the market to continue declining, targeting $0.181. However, the decline from the recent high is not strongly impulsive, raising the possibility of a broader bounce upward before further declines. A break above the 50 cent level is needed for a real bull breakout.