$FHE has experienced a nearly 30% rapid decline in a single day and is currently in a low-range weak consolidation phase. From the price trend, after a volume breakout, there was no rebound; instead, it is just sideways oscillation at the bottom — a typical bearish dominance scenario. Market sentiment is clearly bearish, and selling pressure continues to persist.
Trading opportunities are here. The short-selling strategy is as follows: Entry range between 0.158-0.162 Stop loss set at 0.172 (this is a rigid stop loss; if broken, the entire downward structure becomes invalid) First target at 0.145 Second target at 0.130
Why do we believe it will continue to fall? The key factor is the trading volume exceeding 500 million USD. Such massive volume accompanied by a sharp decline indicates more of a liquidation of long positions or active distribution by the main players, rather than a healthy shakeout. After the breakout, market absorption is extremely weak; buying pressure cannot absorb the selling pressure at all. The current low-range sideways movement is actually a typical downward continuation pattern, accumulating momentum for a new round of decline.
Closely monitor the performance at these levels; the opportunity is right in front of you.
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GateUser-9f682d4c
· 01-22 04:53
A trading volume of 500 million USD combined with this trend is really a bit scary.
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GasFeeLover
· 01-22 04:51
A trading volume of 500 million is so impressive, it feels like it still needs to go lower.
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alpha_leaker
· 01-22 04:26
500 million USD poured in and no one is taking the bait, how bullish and bearish does that sound?
$FHE has experienced a nearly 30% rapid decline in a single day and is currently in a low-range weak consolidation phase. From the price trend, after a volume breakout, there was no rebound; instead, it is just sideways oscillation at the bottom — a typical bearish dominance scenario. Market sentiment is clearly bearish, and selling pressure continues to persist.
Trading opportunities are here. The short-selling strategy is as follows:
Entry range between 0.158-0.162
Stop loss set at 0.172 (this is a rigid stop loss; if broken, the entire downward structure becomes invalid)
First target at 0.145
Second target at 0.130
Why do we believe it will continue to fall? The key factor is the trading volume exceeding 500 million USD. Such massive volume accompanied by a sharp decline indicates more of a liquidation of long positions or active distribution by the main players, rather than a healthy shakeout. After the breakout, market absorption is extremely weak; buying pressure cannot absorb the selling pressure at all. The current low-range sideways movement is actually a typical downward continuation pattern, accumulating momentum for a new round of decline.
Closely monitor the performance at these levels; the opportunity is right in front of you.