【$FHE Signal】Long | Healthy consolidation after breakout, main force absorbing supply not finished

$FHE After a volume breakout on the 4H timeframe, the price consolidates in a narrow range at a high level. This is a typical healthy reset rather than a top.

🎯Direction: Long

🎯Entry: 0.1270 - 0.1300

🛑Stop Loss: 0.1185 (Rigid stop loss, below previous high support and EMA20)

🚀Target 1: 0.1450

🚀Target 2: 0.1600

Market analysis: Three consecutive volume-driven bullish candles on the 4H chart confirm the breakout trend. Subsequently, the candlestick bodies narrow, and volume diminishes, indicating exhausted selling pressure. The current price remains above the breakout level of 0.1227 and EMA20 (0.1049), indicating a healthy structure.

Logical core: 1. Data resonance: Funding rate is only 0.0151%, with no signs of extreme bullish overheating, ruling out short squeeze risk. Open interest (OI) remains stable at a high of $81 million, indicating funds have not exited, representing an incremental breakout. 2. Order book support: Bid depth significantly exceeds Ask depth, with an imbalance of 18.16%, showing strong support below to defend the price. 3. Price action: After the breakout, the price retraces to the previous high support zone (0.1227-0.1270), with shallow pullback and decreasing volume, consistent with a “strong market with shallow correction” pattern. RSI (71) is high but not diverging, a normal overbought condition in a trend. Overall, this is a healthy consolidation after breakout, with the main force absorbing supply and likely to push higher again.

Trade here 👇 $FHE

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