【$FHE Signal】Long - 1H Momentum Breakout, Clear Signs of Main Force Support

$FHE The 1H timeframe has strongly broken above the EMA20 (0.0429) and stabilized, reaching a recent high with strong momentum. Although the 4H timeframe is still in a long-term downtrend, the latest 4H bullish candle has a large real body, indicating short covering or new funds entering. The current price is testing the key psychological level at 0.0460, with decent order book depth, suggesting potential for further upward movement.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0457 - 0.0459 (Reason: Near current price, 1H breakout pullback confirmation zone )

🛑Stop Loss: 0.0442 (Reason: Break below the 1H previous support and EMA50_1H support level )

🚀Target 1: 0.0485 (Reason: Resistance at the previous rebound high on the 4H timeframe )

🚀Target 2: 0.0510 (Reason: 1.618 Fibonacci extension level, corresponding to the start of a large bearish candle on the 4H timeframe )

🛡️Trade Management:

- Position Size Suggestion: Light (Reason: The 4H major trend is still downward; this is a counter-trend rebound with higher risk )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks above 0.0485 and stabilizes, hold the remaining position towards Target 2.

Depth Logic: After a 15% increase, open interest (OI) remains stable rather than decreasing, indicating that the move is not solely driven by short covering but may involve new long positions. The 1H RSI is at 62.22, in a healthy slightly strong zone, not overbought. The order book imbalance shows slightly more selling pressure (9.80%) than buying, but the price remains resilient, indicating strong support below. Combined with positive funding rates, market sentiment leans mildly bullish, suitable for short-term trading.

Trade here 👇 $FHE

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