FHE Perp Trade Idea
I’m watching $FHE after a strong impulse move and healthy consolidation above key support. Price exploded with volume, then cooled off without breaking structure. This tells me buyers are still in control and continuation is likely once momentum returns.
Trade Setup (Long)
Entry Zone: 0.0780 – 0.0810
Target 1: 0.0855
Target 2: 0.0900 – 0.0930
Stop Loss: 0.0735
Why this setup works
I’m trading a classic breakout and consolidation pattern. Price made a sharp move up, then ranged tightly above previous resistance, now acting as support. Volume expansion confirms strength, and higher lows show sellers are weak. As long as price holds above the entry zone, continuation toward the highs is the high-probability play.
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