FHE is approaching the weekly resistance at the all-time high, but technical signals indicate danger. The RSI indicator has already surged to 81.3, entering the extremely overbought zone. Look at this candlestick, almost a straight line rally, combined with recent rare massive trading volume, which is a typical pattern of main funds conducting liquidity hunts when market sentiment is high.

The price is so far away from the moving average system that, according to market rules, a correction is inevitable. Currently, chasing long positions at this level is clearly not cost-effective, with a poor risk-reward ratio. Once the momentum exhausts, a shorting opportunity will arise. The area near the previous high is an ideal entry point for short positions. Just wait and see.