The analysis provides an updated wave count for FET, suggesting that the base case scenario remains the same: the asset is currently in a B-wave formation. The expectation is for a potential larger low, possibly wave 4, with the bottom occurring around April. A five-wave move up has been observed, followed by corrective sideways structures. The market failed to break out after only forming three waves after a pullback into the June low, suggesting a possible five-wave move down to form an ABC structure on the downside. If the price decisively breaks above 0.895, that implies an uptrend movement with a potential target price around 1.55.