📉 $FHE: Resistance Hit, Momentum Fading! (Short Setup)
$FHE has pushed back into a key resistance zone, but the bulls are looking exhausted. Instead of a clean breakout, we’re seeing clear hesitation and a lack of buying volume. When a retest of resistance lacks strength, it usually signals a rejection is incoming. Sellers are stepping in—it’s time to look for the roll-over.
⚡ The Trading Plan (Short)
Direction: SHORT (Sell)
Leverage: Max 10x
Entry Zone: $0.0222 – $0.0236
Stop Loss (SL): $0.0250
🎯 Take Profit Targets:
$0.0208
$0.0192
$0.0176
🔍 Market Analysis
The recent bounce lacks the "oomph" needed to flip this level into support. We are seeing weaker follow-through on every attempt to push higher. Expecting a rejection from this zone as liquidity is grabbed and price heads back toward the local lows.
Trade $FHE here 👇
