$FHE shows explosive dynamics: current price 0.07754, growth over 24 hours +70%, while the RSI (24h) = 76, indicating an overbought zone. Such momentum suggests strong market interest, but simultaneously increases the risks of a short-term correction. The key question now is — continuation of the trend or cooling off before the next move.
📊 Technical picture
A sharp increase was accompanied by an increase in volumes, confirming the strength of the impulse. However, RSI above 70 often leads to pullbacks or sideways consolidation. The nearest support is forming around 0.070–0.072, a stronger one at 0.065. Resistance is at 0.085–0.090, where profit taking may occur.
📈 Bullish scenario
If the price consolidates above 0.078–0.080, further growth is possible.
• Entry: $FHE 0.078–0.080
• TP1: 0.085, TP2: 0.090–0.095
• SL: 2–3% from the entry point (rounded)
📉 Bearish scenario
A pullback from resistance and a move below 0.075 will strengthen the correction.
• Entry: $FHE 0.070–0.072
• TP: 0.065
• SL: 3–5% from the entry point (rounded)
⚠️ Risk management
Use a small % of the deposit, considering high volatility. If possible, move SL to breakeven as the price moves in your direction — this will preserve capital and reduce emotional pressure.
💬 Share your FHE scenarios in the comments, where do you think the price will go next? Subscribe to not miss important and valuable analytics that give an advantage in the market, help make more informed decisions, and use copy trading in my profile.
