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🚀Target 1: 0.1325
🚀Target 2: 0.1400
Hardcore Logic: The 4-hour candlestick shows that after breaking 0.112, the price experienced a massive surge (130 million trading volume), then entered a very narrow consolidation range (0.1259-0.1273). The funding rate remains negative, indicating market sentiment is not overheated, which favors continued bullish momentum. The order book shows significant sell orders at 0.12677 (1170 units). Once absorbed by buyers, this could accelerate the upward move. The current consolidation zone is just above the breakout level, indicating strong consolidation. As long as it does not fall below the low of the breakout candle (0.10948), the probability of moving higher is higher.
Trade here 👇 $FHE
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#Is the current market bottoming or just watching?