2026-01-17 17:25:15

FHE is approaching the weekly resistance at the all-time high, but technical signals indicate danger. The RSI indicator has already surged to 81.3, entering the extremely overbought zone. Look at this candlestick, almost a straight line rally, combined with recent rare massive trading volume, which is a typical pattern of main funds conducting liquidity hunts when market sentiment is high.

The price is so far away from the moving average system that, according to market rules, a correction is inevitable. Currently, chasing long positions at this level is clearly not cost-effective, with a poor risk-reward ratio. Once the momentum exhausts, a shorting opportunity will arise. The area near the previous high is an ideal entry point for short positions. Just wait and see.

FHE5,69%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
5
Repost
Share

Comment

0/400

ChainSpy

· 12h ago

81.3 RSI are you still chasing? The main force's rhythm this time is more obvious than ever. --- Massive volume with a straight push, isn't this a sign that they've finished accumulating and are about to dump? --- Being so far from the moving average, it will eventually fall, I’ll just watch quietly. --- Shorts near the previous high are indeed tempting, just see who can hold on until the bottom. --- For those who dare to add positions when RSI is overbought, don’t cry when the time comes. --- The biggest risk with this kind of straight upward movement is a sudden reversal; the knife can come quickly. --- I’ve seen too many cases where the main force hunts liquidity; the rhythm is always the same. --- Chasing high is just cannon fodder; waiting for a pullback is the real opportunity. --- Massive volume doesn’t always mean good news; sometimes it just indicates a change of hands. --- I think FHE will probably need a correction this wave; overbought is just overbought.

View OriginalReply0

Layer2Observer

· 21h ago

RSI 81.3 indeed indicates overbought conditions, but I have to say... an interesting discovery is that historically, assets like FHE that break new highs often continue to rise, whereas there are more cases of "smart money" being slapped in the face when shorting at high levels. Let's look at the data; the massive trading volume itself may also indicate genuine demand in this wave, not just a routine trick.

View OriginalReply0

PebbleHander

· 21h ago

Here we go again with this pattern? A straight-up surge and then shouting about hunting. I think this is just pure FOMO buying.

View OriginalReply0

rekt_but_vibing

· 21h ago

81.3 RSI is still chasing, have you lost your mind haha --- A straight-up surge so fierce, it will definitely pull back eventually. Now is the right time to be short --- I see through the main force's hunting tactics, just waiting to buy the dip --- So far from the moving average, I bet it will crash. If you don’t believe it, let’s see --- Massive volume combined with a straight line, this signal is too obvious. I’ll just hold a short position --- Don’t chase the high anymore, brothers. The risk is worse than trash --- RSI is overbought, and some still want to go long? Show off --- This is the most comfortable position to short, waiting to pick up bargains --- The price is so outrageous, a pullback is just a matter of time --- Once the main force has drained the blood, they will run. We play along with the bears

View OriginalReply0

RetroHodler91

· 21h ago

RSI81.3 I think this is just the main force accumulating, the tactic is too old. Massive straight-line surge, a correction is bound to come sooner or later. Chasing highs is suicide, I’d rather wait and see. Going short directly? Wake up, buddy, that’s ridiculous. The moving averages are so far apart that I’m a bit scared, I need to stay calm. The previous high area is too risky, I’m not playing.

View OriginalReply0