$FHE Signal】Overbought continuation; a pullback to add strategy


$FHE 1H RSI spiked to 84, and the 4H Bollinger Band upper band at 0.0212 has been broken through with increased volume. The funding rate is 0.0412%, which is not yet extreme; OI is stable, and shorts have not entered aggressively. The sell-side depth is only -9.69%, so sell pressure is limited.
🎯 Direction: Long (buy on pullback)
⚡ Entry/Order: 0.0214 - 0.0227
🛑 Stop loss: 0.01861
🚀 Target 1: 0.02287
🚀 Target 2: 0.02296
🛡️ Trade management:
- Execution of the strategy: After entry, if the price falls below 0.0214, be cautious; reduce 50% at Target 1, move the stop loss to the entry price; for the remaining position, watch Target 2—if the 1H RSI drops below 75, exit all.
The current price is only about 3% above the stop loss, so the risk-reward ratio is not ideal, but momentum is strong, funding is clearly providing support, and the probability of a short-term rebound still favors it.
Check real-time market 👇 $FHE
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