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🔥 $FHE Testing Critical Support Zone at $0.0528 – What's Next?
📉 -24.86% (24H)
The token price is currently trading at $0.0549 near the key support level at $0.0528. Price action shows clear selling pressure, with a possible descending triangle forming.
Chart data shows a declining structure, while indicators have confirmed the earlier price rally has failed to gain enough momentum with a divergence on the oscillators. EMA suggests mixed signals as it trade in between the majority of the trend structure.
Will it keep going down, or start to recover❓
Factoring these conditions, the overall structure suggests the trend remains uncertain. A break below $0.0528- $0.05 with a clear candle could hint to a continuation of the retracement, while a strong bounce could indicate short-term recovery for a pattern formation.
⚠️Disclaimer: This is not a financial advice. Please DYOR!
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