After a significant sell-off, $FHE is showing signs of a technical rebound, but the price is still struggling below all key moving averages. This rebound-selling pattern is a typical feature of a healthy downtrend. Sellers are waiting for this pullback opportunity to re-enter at better prices. Once buying momentum diminishes, it is expected that selling pressure will regain dominance, pushing the price to continue testing previous lows.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$FHE A breather during the decline, sellers may be repositioning in the rebound.
Short $FHE now
Entry: 0.0830 – 0.0850
Stop loss: 0.0900
First target: 0.0705
Second target: 0.0600
Third target: 0.0500
After a significant sell-off, $FHE is showing signs of a technical rebound, but the price is still struggling below all key moving averages. This rebound-selling pattern is a typical feature of a healthy downtrend. Sellers are waiting for this pullback opportunity to re-enter at better prices. Once buying momentum diminishes, it is expected that selling pressure will regain dominance, pushing the price to continue testing previous lows.
Trade $FHE here 👇