The analysis focuses on FET/USDT using Elliott Wave theory on a 4-hour timeframe. The market is currently exhibiting sideways action within a range, bounded by green and red signal lines. The overall outlook is bullish, driven by an earlier five-wave upward movement from the April low, suggesting continued upward potential. The current sideways movement is likely a B wave. Two scenarios are being tracked: a white scenario where a B wave is forming a triangle pattern (A-B-C-D-E) before an upward movement; and a yellow scenario, where the analysis tracks a W-X-Y structure, with the Y wave itself forming an A-B-C pattern, with deeper pullback is possible. The range of 0.432 to 0.585 acts as support. A break below 0.603 would signal a target range of 0.516 to 0.49 cents. A breakout above 0.89 is needed for a confirmed upside breakout.