đ¨ $FHE : Parabolic Pump to Resistance - High Risk, Huge Reward Short! âĄď¸
Plan trade: Short (High Risk) đ´
⢠Entry zone: $0.060 - $0.064
⢠Take profit:
⢠đŻ TP1: $0.053
⢠đŻ TP2: $0.048
⢠đŻ TP3: $0.044
⢠Stop loss: $0.068
Technical Analysis:
After a vertical 40%+ pump, $FHE has hit resistance at $0.064 and is facing profit-taking pressure. The price has extended far beyond the EMA bands, creating a gap that likely needs filling. The RSI is in extreme overbought territory on short-term timeframes, warning that a sharp mean reversion correction is imminent to rebalance supply and demand.
Stop Loss Advice ($0.068):
This is the recent all-time high; a breakout above this level could trigger further FOMO buying, so exit immediately to preserve capital.
FHEUSDT
Perp
0.03805
-31.21%
