$FHE saw a sharp rejection from the 0.216–0.217 resistance zone and dropped aggressively back toward the 0.182–0.184 support area, showing clear selling pressure and fast momentum shift. The rejection was clean and impulsive, which usually signals distribution rather than a healthy pullback.

Price is currently attempting a weak bounce, but structure remains bearish as long as $FHE stays below the 0.190–0.195 resistance zone. Any move into this area is likely to face selling again. This setup focuses on following downside momentum, not catching bottoms. A strong reclaim above resistance would invalidate the short idea.

Scalp Trade Plan

Short Setup

Entry Zone: 0.186 – 0.192

TP1: 0.179

TP2: 0.173

Stop Loss: 0.198

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Take partial profit at TP1 and move stop-loss to entry.

#USCryptoStakingTaxReview #WriteToEarnUpgrade #BTC100kNext?

Short #FHE Here 👇👇👇

FHEUSDT

Perp

0.04017

-4.42%