$FHE USDT Perp – Short-Term LONG Setup ⚡

Setup Overview:

After a heavy ~64% sell-off, $FHE is holding key support around $0.044–$0.045. RSI(6) ≈ 19 indicates deep oversold conditions, and selling momentum is slowing. This appears to be a relief bounce / dead-cat rally, not a trend reversal.

Trade Plan (15m–1H):

Entry (LONG): $0.0450 – $0.0460 (near support)

Stop Loss: $0.0435 (break below 24h low)

Take Profit:

TP1: $0.0485

TP2: $0.0520

TP3: $0.0555 (around EMA25)

Technical Rationale:

Price is far below EMA(7/25/99) → stretched move

RSI oversold → bounce likely

MACD shows weakening selling momentum

Support at $0.04448 respected