FETUSDT at Critical Support – Breakdown 40% Crash Incoming?FET / USDTMEXC:FETUSDTCryptoNuclearOn the 1W (weekly) timeframe, FET/USDT is in a macro downtrend phase after failing to maintain its higher high structure from the previous cycle. Price is now revisiting a historical demand zone that previously acted as the base before a strong bullish impulse. The yellow block at 0.24 – 0.185 represents a major weekly support zone that historically produced strong reactions. However, selling pressure is currently dominant and price is beginning to lose footing in this area. Current structure shows: Consistent Lower High formation New Lower Low beginning to print Weakening weekly momentum --- Pattern Structure – Weekly Support Breakdown / Distribution Phase Structurally, this resembles: 1. Distribution → Breakdown The 0.24 – 0.185 area acted as: A consolidation base Previous equilibrium zone Potential support-to-resistance flip level If a solid weekly close occurs below 0.185, this zone is likely to turn into resistance. 2. Weekly Support Lost Pattern A breakdown of major support on a higher timeframe typically leads to: Accelerated sell-off Panic-driven selling Fast move toward the next demand area Projected downside targets on the chart suggest: -43% toward 0.105 -58% toward 0.076 – 0.056 (previous major lows) --- Key Levels Immediate Resistance: 0.24 – 0.185 (former support, becomes resistance if breakdown is confirmed) Next Support Levels: 0.105 0.076 0.056 (major historical weekly low) The 0.056 zone represents a strong historical demand area with potential for a significant reaction. --- Bullish Scenario A bullish case is only valid if: 1. Price reclaims 0.185 – 0.24 2. A weekly close occurs back inside the yellow block 3. A Higher Low forms above 0.185 If reclaimed: Initial target: 0.35 Next target: 0.50 Structural reversal confirmation if 0.50 breaks Without reclaiming this zone, any upside move is likely just a relief rally. --- Bearish Scenario If a solid weekly close occurs below 0.185: Then most likely: Breakdown confirmation Support turns into resistance Continuation toward: Target 1: 0.105 (-43%) Target 2: 0.076 Target 3: 0.056 (-58%) In case of panic selling, a temporary wick below 0.056 is also possible before a new accumulation phase begins. --- Conclusion FET is currently at a critical macro structural level. The 0.24 – 0.185 zone will determine the mid-to-long term direction. Hold & reclaim = potential structural reversal Confirmed breakdown = 40–60% further downside risk Weekly close confirmation is key. Proper risk management is essential in this area due to increasing volatility after major support breaks. #FET #FETUSDT #CryptoAnalysis #TechnicalAnalysis #Altcoin #WeeklyChart #SupportResistance #Breakdown #CryptoTrading #PriceAction #AltcoinSeason