🔎 Return to EMA99: decision point for FHE/USDT
FHE/USDT on 1H returned to the key dynamic support EMA99, where the market slowed its decline. The current price is 0.08653, over the past day the asset has decreased by -11.79%, but against this background, there is a noticeable attempt at stabilization. The trading volume is high — 1.03 billion FHE, which enhances the significance of the zone.
📊 Briefly on the indicators:
EMA (99): acts as support, from where a technical rebound is possible
RSI (14): 42.41 — pressure is weakening, an exit from the sideways range is likely
MACD: in the negative, the trend is still under the control of sellers
Stochastic RSI: 14.80 — oversold zone, signal in favor of a rebound
🧭 Trading plan:
Main scenario — long, with price holding above EMA99 and confirming buyers' reaction.
🎯 Targets:
1️⃣ 0.09000 — +3.25% (quick technical rebound)
2️⃣ 0.09500 — +9.25% (return to local resistance)
3️⃣ 0.10000 — +15.64% (development of momentum)
📍 Entry:
Conservative: ~0.08700 after confirmed rebound
Aggressive: ~0.08600 upon reaction from support
⛔ Stop-loss:
0.08100 — below EMA99, with a buffer from false breakout
Trading 👉$FHE
