FHEUSDT Perp – LONG Setup (Short-Term Bounce Play)
📉 After heavy sell-off (~-64%), price is holding key support near 0.044–0.045.
RSI(6) ≈ 19 → deeply oversold, selling pressure is slowing.
This looks like a dead-cat bounce / relief rally setup, not trend reversal.
📌 Trade Plan (15m–1H)
🔹 Entry (LONG):
0.0450 – 0.0460 (near current price & support zone)
🔹 Stop Loss (SL):
0.0435 (clean break below 24h low)
🔹 Take Profit (TP):
TP1: 0.0485
TP2: 0.0520
TP3: 0.0555 (EMA25 area)
📊 Technical Logic
Price far below EMA(7/25/99) → stretched move
RSI oversold → bounce likely
MACD selling momentum weakening
Support respected at 0.04448
⚠️ Risk Note:
Trend is still bearish. This is a quick scalp/swing, not a hold trade.
Use strict SL and manage risk.
💡 Not financial advice. Trade with proper risk management.