The analysis on FET/USD on the 4-hour timeframe interprets the current market movement as an ABC corrective structure to the downside. The C-wave is identified as a five-wave impulse move (1-2-3-4-5). Currently, the market is believed to be forming the fifth wave of this C-wave, or potentially extending the fourth wave before the final fifth wave downside movement. The immediate objective for the completion of the C-wave is the 100% Fibonacci extension, which is located at 0.20754488. Additional support levels are identified at the 61.8% extension at 0.19407381, 123.6% at 0.17212596, and 78.6% at 0.15617045. A critical resistance area for the market is between 0.247 and 0.261, representing the 50% and 78.6% retracement levels of a prior segment within the structure. A move above the 0.261 level would indicate a wider, potentially more complex, fourth wave correction, but the overarching bearish sentiment for the C-wave completion remains. The A-wave and C-wave are typically of similar length, which supports the 100% extension as an ideal target. The analysis posits that further downside is required to achieve this target, implying a continuation of the bearish trend to complete the corrective pattern.