【$FHE Signal】Short squeeze continues, pullback is an opportunity

$FHE After breaking out on the 1H timeframe, the price consolidates at a high level, with buy orders building a solid defense around 0.0204. The 4H Bollinger Bands are fully open, the price is above the upper band, and the MACD lines are diverging upward, indicating strong momentum. Open interest remains stable, the fee rate is healthy, and there are no signs of overheating.

🎯Direction: Long

⚡Entry/Order: 0.02035 - 0.02040

🛑Stop Loss: 0.01999

🚀Target 1: 0.02095

🚀Target 2: 0.02145

🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0205, consider closing part of the profit early.

Order book data shows a sell wall concentrated above 0.0205, but buy orders are stacked more heavily below 0.0203, indicating clear support. Although the 1H RSI is in the overbought zone, it has not formed a bearish divergence, and this strong sideways movement is usually to digest the floating positions. The current risk-reward ratio exceeds 4:1, making it worthwhile to use a smaller stop loss to bet on the continuation of the trend.

Check real-time market 👇 $FHE
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