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#FHEUSDT
Technical Analysis FHE/USDT
(Timeframe 4H) - June 7, 2025
1. Main Trend: Weak Bearish Start Consolidation
• The price has experienced a prolonged downward trend since mid-May.
• The last lowest point in the area of 0.06373 USDT, then rebounded to the area of 0.07121 USDT.
• Currently, the price is just below the EMA30, EMA10, and EMA5, indicating that bearish pressure is still dominant but starting to weaken.
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2. Moving Average Indicator (EMA)
• EMA5 (0.07091) < EMA10 (0.07128) < EMA30 (0.07557)
This indicates that the structure is still bearish, but there is beginning potential for a short-term reversal (EMA5 and EMA10 are nearly golden cross).
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3. MACD
• MACD histogram is starting to shrink and approaching the zero line → indication of potential reversal or sideways.
• The MACD line and signal are nearly touching (crossing up slightly) → the beginning of potential bullish divergence.
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4. RSI & Stochastic RSI
• RSI (14) is in the range of ~40–45, which means that selling momentum is starting to decrease but is not strong enough for a reversal yet.
• Stochastic RSI (K: 99.54, D: 99.95) indicates extreme overbought → potential short correction signal.
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Conclusion of the Next Price Direction:
📉 Bearish Scenario (More Dominant for Now)
• If the price fails to break through and stay above the EMA10 and EMA30 (area ~0.072 – 0.075), then it is likely to drop back to:
• Support 1: 0.06860 ( low 24 hours )
• Support 2: 0.06373 (previous low)
📈 Bullish Scenario (If Breakout Happens)
• If it can break and close above EMA30 (0.07557), there is a chance for a short rally to:
• Resistance 1: 0.07831
• Resistance 2: 0.082 – 0.086
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✅ Recommended Trading Strategies
For Day Traders:
• Entry Buy: If the breakout is valid above 0.0756 (EMA30)
• Stop Loss: Below 0.0686
• Target: 0.0783 – 0.082
For Swing Trader:
• Monitor the consolidation area (0.068 – 0.072)
• Confirm EMA30 breakout + increased volume → validate trend reversal
• If it breaks down, ready to buy cheaper below 0.0637
#FHEUSDT #Chart Analyser #Cryptosignal