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The three-wave structure on the FHE four-hour chart has basically completed, currently in an overbought state, with significant pullback pressure.
From a bullish perspective, you can look for entry opportunities in the 16-17 range, with stop-loss set below 15. This approach aligns with the current trend logic and is relatively safe. Specifically, the first batch can be positioned around 0.165, the second around 0.160, and the third around 0.170. Targets can be set at 0.200, 0.220, and 0.250 respectively.
If you insist on shorting, there is indeed an opportunity around the current price of 20, but be especially cautious—this direction does not align well with the current mainstream trend and is high-risk. For short positions, it is recommended to reduce leverage, with stop-losses at least above 25 to avoid being swept out and wasting the opportunity. Entry points for shorts can be at 0.200, 0.220, and 0.250, with targets at 0.150, 0.130, and 0.100, and stop-losses set between 0.260-0.265.
Overall, the right-side bullish approach is more reliable.