#FHEusdt $FHE
Very beautiful currency for quick trading
## Technical Indicators Analysis
* **Trading Volume (VOL)**: Significant increase in trading volume during the initial rise, followed by a gradual decrease as the price stabilizes, confirming the strength of the initial upward trend
## Identifying Support and Resistance Levels
* **Main Resistance**: 0.08900 (Highest price recorded)
* **Medium Resistance**: 0.08300 (Repeated bounce area)
* **Nearby Support**: 0.08000 (Level tested several times)
* **Medium Support**: 0.07500 (Previous bounce area)
* **Strong Support**: 0.06800 (Bounce level after correction)
## Overall Technical Assessment
The FHE/USDT pair shows a sharp initial rise of over 100%, followed by a correction and consolidation. Volume movement aligns with price movement, as volume was high during the strong rise and then gradually decreased as the price stabilized. The overall trend is bullish in the short term, with a sideways consolidation pattern forming that could lead to a continuation of the upward trend.
## Conclusion
The FHE/USDT pair shows clear bullish strength with a rise of 95.51% during the analyzed period. After the sharp rise, the price entered a phase of sideways consolidation around 0.08000, indicating relative stability.
For traders, considerations may include:
1. Buying at support levels 0.08000 and 0.07500 with a stop loss below 0.07000
2. Taking profits near resistance levels 0.08300 and 0.08900