$FHE (Mind Network) has entered a severe markdown phase as of December 25, 2025, currently trading at approximately $0.041 – $0.043. The asset has experienced a staggering 54% to 58% decline over the past week, plummeting from its December 16 all-time high of $0.151. Despite the "Fully Homomorphic Encryption" (FHE) privacy narrative and strategic integrations with platforms like BytePlus, the price remains suppressed by heavy profit-taking following a parabolic 540% rally earlier this month.
The technical structure is decisively bearish, with major summaries issuing a "Strong Sell" rating. $FHE is currently pinned below its 7-day SMA ($0.069) and is struggling to hold above its 200-day SMA ($0.053). While a brief 6.9% rebound occurred on December 24, it was largely driven by speculative Binance Futures activity rather than a structural trend reversal. With market sentiment in "Extreme Fear" (Index: 21–24), the lack of sustained buy-side volume suggests that relief rallies are being used as exit liquidity for early buyers.
Support and Resistance Levels
Immediate Resistance: A formidable supply wall is established at $0.044 – $0.049, where the current pivot point and recent 24-hour highs align.
Secondary Resistance: Stronger structural resistance sits at $0.054, representing the 200-day SMA, and $0.078, the 50% Fibonacci retracement level.
Immediate Support: The price is currently testing a tactical floor at $0.040 – $0.041.
Critical Support: A failure to hold $0.040 could trigger a rapid capitulation toward the $0.028 – $0.035 Fibonacci support zone, with a long-term bearish target near the 2025 low of $0.014.
The overall trend remains a "sell the rip" scenario as the market enters a low-liquidity holiday period.
Short Trade Signal
Margin: Isolated 2% to 5%
Leverage: 10x – 20x (Caution: High volatility)
Entry 1: 0.045
Entry 2: 0.051
Take Profits:
TP1: 0.040
TP2: 0.015
Or Take Profit from 100% to 500% ROI
Stop Loss: 0.056
Short #FHE Here
