š„ $FHE ā POST-SPIKE CONSOLIDATION, STRUCTURE STILL INTACT š„
ā± 4H timeframe | Binance Perp
Current price around 0.1569, up ~8% on the day, trading sideways after a strong impulsive push. This is no longer the pump phase, but a cool-down and absorption phase.
What the chart is telling us:
ā¢ š Strong expansion from a flat base ā clear participation from buyers
ā¢ šŖ Sharp spike followed by rejection ā profit-taking at higher levels
ā¢ š Price is now compressing above the key level ~0.15, suggesting sellers are not in full control
Key levels to watch:
ā¢ Immediate support: 0.15 ā 0.156
ā Holding this zone keeps the bullish structure valid
ā¢ Invalidation: below ~0.134
ā Lose this and the move shifts from consolidation to deeper correction
ā¢ Upside potential: 0.20 ā 0.30 ā 0.80+
ā Only opens if price breaks out of the current range with volume
How to approach this setup:
ā¢ Not a FOMO entry ā this is a wait-and-react environment
ā¢ Best case: price continues to range above 0.15, building energy for the next leg
ā¢ Weak case: loss of support ā retest of the origin zone
š” Big moves often pause before continuing ā consolidation is a sign of strength, not weakness, if structure holds.
š§ Stay patient. The market is deciding the next direction here.
