🔥 $FHE: Prepare for Further Drops 📉

Entry: 0.055 – 0.062

TP1: 0.047

TP2: 0.040

TP3: 0.035

Invalidation: 0.065

$FHE is currently in a clear downtrend on the 4H chart. We’ve seen a strong impulsive move down, confirming a markdown phase after rejection from 0.10-0.12. That massive red candle? Pure panic selling and a stop-hunt. 🚨

Don’t be fooled by any current consolidation – it’s just a breather before the next leg down. Key resistance now sits between 0.081 and 0.090. Unless we see a decisive 4H close *above* 0.065, expect bearish continuation. Volume confirms this isn’t a buying opportunity.

A sweep of the 0.035-0.040 range *could* offer a high-risk long entry, but be cautious – this is a potential dead-cat bounce. 🐻

#crypto #trading #bearish #FHE 🚀

FHEUSDT

Perp

0.04745

+3.73%