🚨 $FHE IS BLEEDING 😬😫
That 0.08 level got destroyed 💥
Now price sitting near 0.046 😬
👀 Bounce or more downside?
Don’t get caught chasing
FHE just gave us a clear bearish signal on the 4H chart.
🔻 What happened?
Price broke below the key support at 0.0800 (highlighted level). This level had been holding structure, and once it cracked, we saw a strong impulsive dump.
📉 Current situation:
Price now sitting around 0.046
Down ~12% on the move shown
Momentum is clearly bearish
No strong support until lower levels
⚠️ What this means:
That red line was a critical demand zone
Once lost → it flipped into resistance
Any bounce toward 0.07–0.08 could get rejected
📊 Possible scenarios:
1️⃣ Bearish continuation
If price stays below 0.08 → expect further downside or consolidation before next leg
2️⃣ Dead cat bounce
Short-term bounce likely, but watch for rejection at previous support
3️⃣ Reclaim = strength
Only if price reclaims 0.08+ with volume, we can talk about reversal
💡 Trading mindset:
Don’t chase dumps
Wait for retests or confirmations
Structure > emotions
