【$FHE Signal】Short | Weak consolidation after volume breakout

$FHE After a single-day plunge of 35%, it is currently undergoing weak consolidation at a low level. The price action shows a typical volume-driven decline with no rebound, which is a characteristic of main players offloading their positions, rather than a healthy reset.

🎯 Direction: Short (Short)

🎯 Entry: 0.148 - 0.152 range

🛑 Stop Loss: 0.162 ( Rigid stop loss, breaking this level invalidates the downward structure )

🚀 Target 1: 0.130

🚀 Target 2: 0.115

The sharp decline of $FHE was accompanied by massive volume and high open interest, consistent with market logic of long liquidation + main players distributing. The rebound after the breakout was extremely weak, and any rebounds on lower timeframes were quickly absorbed, indicating that selling pressure remains dominant. The upper boundary of the current consolidation zone at 0.152 forms a strong resistance. As long as it cannot be reclaimed, the only path is to seek liquidity downward.

Trade 👇 $FHE

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