🚨 Technical Analysis of Stock $FHE - Potential Selling Opportunity
The stock $FHE is trading within the resistance zone of 0.08600 - 0.09500, an area that previously represented strong supply. On the four-hour chart, momentum indicators suggest an overbought condition, while candles have started to reject higher levels, indicating a potential exhaustion of buyers.
If stock $FHE cannot maintain above the level of 0.09500, a downward correction may follow before any bullish continuation.
---
📉 Short Setup
Entry Zone: 0.08600 - 0.09500
Take Profit 1: 0.08000
Take Profit 2: 0.07300
Take Profit 3: 0.06800
Stop Loss: 0.10000
---
💡 Note: In the event of a confirmed breakout above the level of 0.10000 with strong trading volume, this short setup will be invalidated, and it may open the way to reach the level of 0.11000 or more.
#HEMIBinanceTGE #FamilyOfficeCrypto #BNBATH880 #CryptoRally #AKEBinanceTGE