$FHE has already had a strong move, and now the chart is doing what healthy charts usually do after a fast rally. It’s slowing down and letting the market decide whether there’s real follow-through or just short-term excitement.
After pushing up more than 50% and tagging the 0.14 area, price pulled back toward the 0.11 zone. That pullback does not look aggressive. It looks like traders locking in profits while others watch to see if buyers are willing to step back in. The 0.10–0.105 region is the key area to observe, as it lines up with recent structure and short-term averages.
If FHE can hold above this zone, the move stays constructive and the market may attempt another push toward 0.125 and possibly retest the 0.14–0.15 range. On the other hand, losing 0.10 would suggest the rally needs more time to cool off before continuing.
For now, this feels less like a top and more like a pause. The next few candles will matter more than the last one, and letting price confirm its direction is likely the smarter approach here.
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$FHE has already had a strong move, and now the chart is doing what healthy charts usually do after a fast rally. It’s slowing down and letting the market decide whether there’s real follow-through or just short-term excitement.
After pushing up more than 50% and tagging the 0.14 area, price pulled back toward the 0.11 zone. That pullback does not look aggressive. It looks like traders locking in profits while others watch to see if buyers are willing to step back in. The 0.10–0.105 region is the key area to observe, as it lines up with recent structure and short-term averages.
If FHE can hold above this zone, the move stays constructive and the market may attempt another push toward 0.125 and possibly retest the 0.14–0.15 range. On the other hand, losing 0.10 would suggest the rally needs more time to cool off before continuing.
For now, this feels less like a top and more like a pause. The next few candles will matter more than the last one, and letting price confirm its direction is likely the smarter approach here.
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