$HEI – Overbought conditions with declining volume signaling potential distribution
Trade Setup: Short $HEI
• Entry Zone: 0.17087 – 0.17189
• Target 1: 0.14741
• Target 2: 0.11834
• Target 3: 0.11593
• Stop Loss: 0.17519
Price action has ceased printing higher highs, while the Relative Strength Index registers at 74.9, reflecting overbought territory. Volume is declining on the push higher, indicating a distribution pattern is forming. Risk parameters are defined above the supply zone at 0.17519, with objectives aligned toward progressively lower support thresholds.
Just click trade here 👇
Trade Setup: Short $HEI
• Entry Zone: 0.17087 – 0.17189
• Target 1: 0.14741
• Target 2: 0.11834
• Target 3: 0.11593
• Stop Loss: 0.17519
Price action has ceased printing higher highs, while the Relative Strength Index registers at 74.9, reflecting overbought territory. Volume is declining on the push higher, indicating a distribution pattern is forming. Risk parameters are defined above the supply zone at 0.17519, with objectives aligned toward progressively lower support thresholds.
Just click trade here 👇