$FHE – 1H Chart Bullish BounceOn the 1-hour chart, ASX:FHE bounced off $0.070 support, crossing the 50-period MA. The MACD shows a bullish crossover, and RSI at 58 indicates room for upside. Volume is rising, supporting the move. Resistance at $0.085 looms, aligning with the 200-period MA.
A push above $0.085 could target $0.095; below $0.070 risks $0.062.
Trading Plan: Buy at $0.072, stop loss at $0.068, take profit at $0.095. Short below $0.070, targeting $0.062. Monitor RSI for overbought conditions.
FHEUSDT trade ideas
$FHE – 4H Chart Range-Bound ActionASX:FHE on the 4-hour chart is stuck in a range between $0.075 and $0.090, with the 20-period EMA flat, signaling indecision. Bollinger Bands are narrowing, hinting at an impending volatility spike. RSI at 50 is neutral, but a bullish divergence on lower lows suggests potential upside. Volume remains low, typical for consolidation.
A breakout above $0.090 could target $0.100, while a drop below $0.075 may hit $0.065.
Trading Plan: Buy at $0.077, stop loss at $0.073, take profit at $0.090–$0.100. Short below $0.075, targeting $0.065. Watch volume for breakout confirmation.
$FHE – Weekly Chart Double Bottom PotentialOn the weekly chart, ASX:FHE appears to be forming a double bottom near $0.065, a level that held as support twice in recent months, indicating strong buying interest. The price is now testing the 50-week MA at $0.085, a pivotal level for confirming a trend reversal. The Stochastic RSI is climbing from oversold territory (below 20), suggesting diminishing selling pressure and potential for a bullish move. However, the Awesome Oscillator remains in negative territory, indicating that momentum is still weak—bulls need a flip to green bars for confirmation.
A Fibonacci retracement from the recent high to low projects resistance at $0.110 (50% level) and $0.140 (78.6% level), viable targets if the double bottom confirms. The Ichimoku Cloud at $0.150 poses a longer-term hurdle. On the downside, a failure to hold $0.065 could see prices slide to $0.050, invalidating the pattern. Volume spikes on dips suggest accumulation, but low overall volume warrants caution.
Trading Plan:
Buy Zone: $0.068–$0.070 (near neckline).
Stop Loss: $0.062.
Take Profit: $0.110, $0.140.
Bearish Scenario: Short below $0.065, targeting $0.050.
Traders should watch for a weekly close above $0.085 to validate the bullish setup. Project-specific catalysts, like Mind Network updates, could drive volatility. Always diversify risk— ASX:FHE ’s low liquidity may amplify price swings. Check TradingView’s community for sentiment and cross-market correlations before acting.
$FHE – Daily Chart Symmetrical Triangle SetupThe ASX:FHE token on the daily chart is forming a symmetrical triangle, signaling a period of consolidation after a volatile uptrend. The price is oscillating between converging trendlines, with support at $0.070 and resistance at $0.095, suggesting a breakout is imminent. The 50-day moving average (MA) is trending above the 200-day MA, maintaining a bullish bias, but the flattening MAs indicate fading momentum. The Relative Strength Index (RSI) at 52 shows neutral conditions, with no clear overbought or oversold signals. The MACD is converging toward the signal line, hinting at a potential crossover that could dictate direction.
Volume has been declining within the triangle, typical before a breakout, but recent spikes suggest accumulation. A close above $0.095 with strong volume could target $0.120 (a 26% move), aligning with the 1.618 Fibonacci extension. Conversely, a break below $0.070 may test $0.058, a key support from prior lows. On-chain data (if available) showing increased wallet activity could bolster the bullish case, but broader crypto market sentiment remains a factor.
Trading Plan:
Buy Zone: $0.072–$0.075 (near support).
Stop Loss: $0.068.
Take Profit: $0.095, $0.120.
Bearish Scenario: Short below $0.070, targeting $0.058.
Traders should monitor Bitcoin’s price action, as altcoins like ASX:FHE often correlate. Risk management is critical—use tight stops and avoid over-leveraging in this volatile market. Confirm breakouts with volume before entering trades.