$FHE just suffered a sharp rejection after pushing toward $0.034, sending price tumbling back into the key $0.024 support area.
The important part is that buyers are stepping in around the same level where strong demand previously appeared. If $0.024 continues to hold, this flush could simply be a healthy reset before another attempt higher.
The first major reclaim sits around $0.0275–$0.028. A clean break and hold above that zone would strengthen the bullish setup and potentially open the door toward $0.030, followed by $0.032–$0.034.
For now, $0.024 remains the line in the sand. Lose it decisively, and the setup weakens considerably.
$FHE took a serious hit after getting rejected near $0.034, with sellers dragging price rapidly back toward the crucial $0.024 support zone.
But there’s still a reason for bulls to stay alert. Buyers are defending this area, which previously acted as strong demand. If $0.024 survives another test, this could become a reset rather than the beginning of a deeper collapse.
The key recovery level is $0.0275–$0.028. Reclaiming and holding above that zone could restore momentum and bring $0.030 into focus, followed by $0.032–$0.034 and potentially $0.042.
For now, $0.024 is the critical line. A decisive breakdown below it would significantly weaken the bullish structure and shift momentum toward sellers.
Big crash, yes — but the bullish structure still has a chance to recover. 🔥📈
⚠️ This is not financial advice or an investment recommendation. For educational purposes only.
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