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【$FHE Signal】Short | Weak consolidation after volume breakout
$FHE After experiencing nearly a 30% crash in a single day, it is now in a weak consolidation at a low level. This is a typical bearish-dominated market, and a lack of rebound strength is a sell signal.
🎯Direction: Short (Short)
🎯Entry: 0.158 - 0.162 range
🛑Stop Loss: 0.172 (Rigid stop loss, invalidates the structure if broken)
🚀Target 1: 0.145
🚀Target 2: 0.130
$FHE A large volume decline accompanied by high open interest suggests that long positions are being heavily liquidated or that major funds are exiting. Currently, after the breakout, the price is only consolidating sideways without strong buying absorption, indicating a continuation of the downtrend. Any rebound into the entry zone is an opportunity for shorts to add positions. Market sentiment is leaning towards panic, and without clear support below, following the trend and shorting is the only viable path.
Trade 👇 here $FHE
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