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🚨 $FHE Reversal After Strong Rally – Selling Pressure Emerges 🚨
After an impressive growth phase, $FHE is now showing clear signs of weakening as the price is strongly rejected at the peak. Increasing selling pressure is gradually gaining dominance, indicating a potential short-term correction.
📊 Suggested trading strategy:
⟶ Entry zone: 0.0350 – 0.0360
⛔ Stop loss (SL): 0.0398
• Take profit 1 (TP1): 0.0320
• Take profit 2 (TP2): 0.0290
• Take profit 3 (TP3): 0.0255
📉 Analysis:
• The price is reacting negatively at a strong resistance zone after a hot pump.
• The rejection pattern at the top indicates the buying side is losing control.
• If the current zone cannot be maintained, there is a high chance the price will continue to decline to lower support levels.
⚠️ Note:
This is a short bias trade following the correction trend, so risk management and strict stop-loss adherence are essential.
💡 The market often corrects after a pump — patience and discipline will be key during this phase.