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【$FHE Signal】Short | Weak consolidation after volume breakout
$FHE After a single-day plunge of over 40%, it formed a weak consolidation at a low level. High open interest combined with falling prices suggests main force distribution or that the long liquidation pressure has not been fully released.
🎯 Direction: Short (Short)
🎯 Entry: 0.142 - 0.145
🛑 Stop Loss: 0.152 (Rigid Stop Loss)
🚀 Target 1: 0.128
🚀 Target 2: 0.115
$FHE Price action shows a typical weak rebound after volume breakout. The daily candle with a -41% body forms a strong resistance zone. Currently, the price is oscillating narrowly at a low level, lacking effective buying absorption. High open interest indicates fierce battle between bulls and bears, but the price cannot effectively rebound to recover the decline. Market sentiment leans towards selling on rallies. Any rebound towards the 0.145 area on the lower time frame is a potential zone for supply to reappear.
Trade here 👇 $FHE
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