🚨 $FHE USDT SHARP DUMP ALERT – OVERSOLD & READY TO BOUNCE? 🔥 SHORT-TERM REVERSAL SETUP!
$FHE (Mind Network – the FHE privacy beast) just got hammered -14.31% in the last 24h, crashing from highs near 0.04777 down to current 0.04084! 😱
Look at this chart: massive red candle after the pump, but we're hugging the bottom with:
RSI(6) at 27.96 → deeply oversold territory
RSI(14) at 37.38 → heading lower, classic exhaustion signal
Price testing recent lows around 0.03744 – strong support zone in sight
EMAs curling down but momentum stalling on lower timeframes
This screams potential short-term bounce for quick scalps or reversal longs! Bulls, if we hold above 0.037 and volume picks up, we could see a fast snap back to 0.045–0.048 area.
Trade Idea (Long Setup – High Risk/High Reward Scalp):
Entry: Now around 0.0408–0.0410 (or on confirmation above 0.0415)
Take Profit 1: 0.0450 (+10%+)
Take Profit 2: 0.0475–0.0480 (near previous resistance)
Stop Loss: 0.0370 (below daily low – invalidation if broken)
Risk only what you can afford – volatility is insane on this one! Volume still decent at ~203M FHE traded.
$FHE holders & futures traders – is this the dip you've been waiting for? Or more pain ahead? Drop your thoughts below! 👇
Trade $FHEUSDT Now! Follow & turn 🔔 on for more alpha calls! ✅ Don't miss the next move!
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