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Ad Frog🐸
Crypto Newbie
01-23 09:40
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$FHE experienced a panic sell-off after a massive drop, but the high open interest suggests this is a typical long position liquidation rather than major players distributing their holdings. 🎯Direction: Long 🎯Entry: 0.118 - 0.122 🛑Stop Loss: 0.110 (Rigid Stop Loss) 🚀Target 1: 0.145 🚀Target 2: 0.160 $FHE's 22% single-day drop accompanied by a trading volume of 144 million, with OI remaining at 115 million without a significant decline, is a classic example of a futures long position liquidation. Buying interest emerged in the key support zone of 0.118-0.122, and LTF has formed a bullish divergence. Market sentiment has shifted from panic to calm, and this healthy reset provides fuel for a subsequent rebound. Trade here 👇$FHE {future}(FHEUSDT) --- Follow me for more real-time crypto market analysis and insights! #CryptoMarketWatch #BinancePorkLegRice #MEME @BinanceSquareCN
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