๐ Pair: $FHE /USDT
๐ Timeframe: 1-Week Swing Trade
โ Entry Zone:
0.04400 โ 0.04700
(Pullback entry after recent rally)
๐ฏ Take-Profit Targets:
TP1: 0.05080 (Break even + small gain)
TP2: 0.05420 (24h high retest)
TP3: 0.05800 (Extension target)
๐ Stop Loss:
0.03850
(Below 24h low: 0.03935)
๐ Key Levels:
Support: 0.03935 (24h Low)
Resistance:
0.05420 (24h High)
๐ง Strategy & Rationale:
FHE has shown strong momentum with a +26.32% surge, high volume (1.10B FHE), and a clear range between 0.03935โ0.05420.
The current pullback from the high offers a low-risk entry near mid-range support for a retest of the upper resistance over the next week.
Why this works:
Price is cooling off after a sharp rise
High liquidity reduces slippage risk
Defined risk with clear SL below recent low
Strong volume indicates sustained interest
Risk Management:
Use only 2โ3% of capital
Move SL to breakeven at TP1
Take partial profits at TP2
๐ Setup Type: Pullback Buy in Uptrend
โ๏ธ Risk/Reward: ~1:3
โ Confidence: Medium-High
๐ Follow for structured setups and disciplined trading.
#FHE #FHEusdt #swingtrading #Crypto #Binance #TradingSetup #shubhamkarnik597
