【$FHE Signal】Long | Short squeeze continues, deep imbalance supports upward movement
After a strong breakout on the 4H timeframe with increased volume, the price remains above the EMA20, indicating a continuation of the short squeeze rather than a top.
🎯Direction: Long
🎯Entry: 0.1450 - 0.1480
🛑Stop Loss: 0.1350 $FHE Rigid stop loss, below previous low and EMA50 support(
🚀Target 1: 0.1650
🚀Target 2: 0.1800
Market analysis: The price surged 23.4% in a single day, but the funding rate is only 0.0075%, far from dangerous levels. Open interest remains stable, indicating the rally is driven by genuine buying rather than short covering. RSI)75.77( is high, but in a short squeeze environment, it’s not a reason to short.
Hardcore logic: Key data points align for a bullish outlook. 1) Deep imbalance -10.11%, ask orders)Asks( are significantly thicker than bid orders)Bids(, yet the price does not fall, showing continuous absorption of selling pressure above, with clear main force control. 2) Price remains above EMA20)0.1165(, maintaining a healthy trend structure. 3) The latest 4H candlestick shows a buy/sell ratio of 0.51, with bulls slightly in control, and the closing price above the previous high, confirming an effective breakout.
Risk management core: Set stop loss at 0.1350, below both previous low and EMA50 support, to avoid false triggers. Entry zone is close to the current consolidation lower boundary, with a risk/reward ratio >2.0. Be cautious: if the price cannot hold above 0.1480 and quickly drops below 0.1450, reassess the bullish structure.
Trade here 👇 )
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$FHE
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