【$FHE Signal】Healthy Reset After Bullish + Panic Selling

$FHE After experiencing a -16% panic sell-off, it is forming a potential double bottom at a critical support zone. Trading volume increased alongside price decline, but open interest remained high, indicating this is a leveraged long liquidation rather than main force distribution. Selling pressure has been effectively absorbed.

🎯 Direction: Long (Long)

🎯 Entry: 0.118 - 0.122

🛑 Stop Loss: 0.112 (Rigid Stop Loss)

🚀 Target 1: 0.138

🚀 Target 2: 0.152

The sharp decline of $FHE has touched the previous breakout platform, and the price action shows diminishing downward momentum, forming a long lower shadow. The rapid drop under high open interest is typical of futures market long liquidation, not spot selling. The buy orders at key support are absorbing the selling pressure clearly, and multiple higher lows have appeared on lower timeframes, indicating exhausted selling pressure and a healthy reset. As long as 0.112 support holds, the market structure remains bullish.

Trade here 👇 $FHE

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