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🚨 2.9x Sell Volume Spike on $FHE , distribution or shakeout? - With a 2.9x volume spike and a violent drop after a run-up, this is highly likely to be smart money distribution. The most probable scenario is for price to continue lower, at least to fill imbalances toward the 0.02234–0.02113 demand zone. - I expect further downside, targeting the 0.02234 FVG for initial profit, with a potential extension to 0.02113 or even 0.02078 if selling accelerates. - Trade setup: Look for a short entry on a weak bounce back towards 0.02488–0.02562 or a breakdown below the equilibrium (0.02344) with confirmation from bearish candles (pin bar, engulfing, or a consecutive lower-low/lower-high). Confirm on lower timeframes by watching for failed bullish reactions at resistance or a strong continuation pattern. - Entry example: If the price bounces into 0.02488–0.02562 and rejects with a bearish engulfing on the 15m or a lower timeframe, enter short. - First take profit at 0.02234. Consider additional targets at 0.02113 and 0.02078. - Place your stop-loss at the swing high formed after the entry or just above 0.02562 (where the trend would likely shift). - If price reverses and closes convincingly above 0.02562, especially with a bullish engulfing and volume, I would abandon the bearish bias and look for a possible continuation towards the most recent high at 0.02681. 📝 This is not investment advice, but only an educational report. Always wait for confirmation before entering a trade — look for reversal patterns, strong wicks, or trend continuation before shorting. Be mindful of heightened volatility after such a volume anomaly! 📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → https://t.co/kMPco9Fs6m

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