$FHE
A brief analysis of the current situation for $FHE:
Price structure: There is a clear weakness in support levels and an increase in selling pressure, as buyers fail to defend the lows. A pattern of descending peaks has formed on the daily chart, indicating seller dominance.
Technical indicators: A decline in trading volumes during rebounds suggests a lack of confidence, and short-term moving averages have started to decrease, indicating exhaustion of the upward trend. Momentum indicators are below neutral, and breaking key demand areas could lead to deeper retracements.
Liquidity and risks: Liquidity is decreasing and the general mood is leaning towards caution, increasing the likelihood of continued declines. Breaking the recent lows may accelerate distribution actions. Traders are advised to exercise caution and monitor price rejection at resistances and weak rebounds before considering purchases.
$FHE
