$FHE
Momentum Alert: Is the Top In? 📉
The $FHE (Mind Network) token has been on an absolute tear, pumping over 27% in a massive unstoppable move! However, the technicals are flashing a major warning sign: the RSI has spiked to 90+, signaling an extremely overbought condition.
As we approach a critical supply zone, the probability of a pullback is increasing. This looks like a prime opportunity for a tactical short position as momentum starts to cool.
📉 SHORT Trade Setup: FHE/USDT
Entry Zone: 0.1300 – 0.1400 🎯
Stop Loss (SL): 0.1511 🛡️
Take Profit Targets:
TP1: 0.12349 💰
TP2: 0.11745 📉
TP3: 0.11441 🚀
TP4: 0.10988 (Major Support) 💎
🔍 Technical Insights
Overextended RSI: An RSI above 90 is rarely sustainable. This suggests that the initial "hype" buying is exhausted, and a corrective phase is likely.
Supply Zone: We are hitting a level where sellers have historically stepped in. If the price fails to break 0.1450 with high volume, the reversal is confirmed.
Market Context: While the pump was impressive, smart money often looks for these "blow-off" tops to hedge or take profit.
Trading Tip: Keep your leverage controlled! High RSI moves can sometimes result in a "wick" above your entry before the real drop happens.
Nabiha Noor ✍️
Stay ahead of the trend:
👍 Like if you're watching for the pullback!
✅ Follow for more real-time reversal alerts and pro setups.
💬 Comment: Do you think $FHE can push higher, or is it time to short?
#FHE #MindNetwork #CryptoTrading #ShortSignal #NabihaNoor #BinanceFutures
#MarketAlert