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【$FHE Signal】Short | Weak consolidation after volume breakout
$FHE After a single-day plunge of over 36%, it is currently undergoing weak consolidation at a low level. This is a typical continuation pattern of a bearish trend, rather than a bottoming process.
🎯 Direction: Short (Short)
🎯 Entry: 0.145 - 0.152 range
🛑 Stop Loss: 0.162 (Rigid Stop Loss)
🚀 Target 1: 0.128
🚀 Target 2: 0.110
$FHE Massive volume drop accompanied by high open interest, which is a typical driven liquidation of long positions. Price action shows that during the decline, there was almost no effective buying absorption, and rebounds are extremely weak. The current low-level consolidation is a temporary pause in the bearish momentum, not demand entry. As long as the price cannot quickly recover above 0.162 (the liquidation starting point), the downward space will continue to open.
Trade here 👇 $FHE
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