From the past 12 days,
$FHE has been rejected multiple times (6+ rejections) in the 0.16400 – 0.16600 resistance band.
This zone has clearly acted as a supply wall, and price is now testing it again.
🔼 Bullish breakout scenario
Only consider longs after confirmation.
A clean, strong breakout above 0.16600
Preferably with a solid candle close + volume expansion
📈 If breakout holds: 0.17400 - 0.18000
Extension possible toward 0.20000 if momentum sustains
🔽 Rejection & short scenario
If price fails again at this zone:
Look for a clear rejection
Confirmation = strong bearish candle (big red clo