🚨 Technical Analysis for Stock $FHE - Potential Sell Opportunity
The stock $FHE has moved to the resistance area of 0.13500 - 0.16500, which previously represented a strong supply zone. On the four-hour chart, indicators indicate an overbought condition, while price action shows rejection candles, suggesting weak bullish momentum.
If the stock $FHE cannot hold above the level of 0.16500, a bearish corrective move is likely to occur.
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📉 Sell Setup
Entry Area: 0.13500 - 0.16500
First Profit Target: 0.12000
Second Profit Target: 0.10500
Third Profit Target: 0.09200
Stop Loss: 0.17500
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💡 Note: A confirmed break above 0.17500 will invalidate this sell idea and may push the price towards 0.19000+.
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