FHE just came off a huge breakout after a long flat range. The move pushed price from the low zone straight into a sharp rally, followed by a quick pullback as traders took profit. Even after the drop, the chart still shows strong volatility and interest.
On the short-term timeframe, the candles are pulling back toward the moving averages. If the price stabilizes above the mid-range, FHE could attempt another push. If it drops under the recent support zone, it may spend more time cooling down.
Looking at higher timeframes, the structure is still early-stage after a big surge, so the market may either build a base or try another leg up depending on volume and momentum.
This is just a personal market observation, not financial advice.
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$FHE FHE Market Update (1H View)
FHE just came off a huge breakout after a long flat range. The move pushed price from the low zone straight into a sharp rally, followed by a quick pullback as traders took profit. Even after the drop, the chart still shows strong volatility and interest.
On the short-term timeframe, the candles are pulling back toward the moving averages. If the price stabilizes above the mid-range, FHE could attempt another push. If it drops under the recent support zone, it may spend more time cooling down.
Looking at higher timeframes, the structure is still early-stage after a big surge, so the market may either build a base or try another leg up depending on volume and momentum.
This is just a personal market observation, not financial advice.