$FHE Signal】Short | Weak consolidation after volume breakout



$FHE After experiencing nearly a 30% crash in a single day, it is now in a weak consolidation at a low level. This is a typical bearish-dominated market, and a lack of rebound strength is a sell signal.

🎯Direction: Short (Short)

🎯Entry: 0.158 - 0.162 range

🛑Stop Loss: 0.172 (Rigid stop loss, invalidates the structure if broken)

🚀Target 1: 0.145

🚀Target 2: 0.130

$FHE A large volume decline accompanied by high open interest suggests that long positions are being heavily liquidated or that major funds are exiting. Currently, after the breakout, the price is only consolidating sideways without strong buying absorption, indicating a continuation of the downtrend. Any rebound into the entry zone is an opportunity for shorts to add positions. Market sentiment is leaning towards panic, and without clear support below, following the trend and shorting is the only viable path.

Trade 👇 here $FHE
#Gate广场创作者新春激励

---

Follow me: Get more real-time analysis and insights on the crypto market!
#Gate每10分钟送1克黄金 #现货黄金再创新高 #社区成长值抽奖十六期
FHE-23,43%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)