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FHE shows another good short-term shorting opportunity. The logic behind this move is quite clear — the price between 0.0880 and 0.0900 can be used as an entry point, with a stop loss set at 0.0962 to control risk.
If the break below is successful, there are three key targets to watch: first, whether 0.0848 can provide effective support; second, the secondary support at 0.0818; and finally, the bottom target points to 0.0785. This approach aligns well with the technical progression of resistance levels.
Of course, this type of short-term trading carries significant risk, and stop losses must be strictly enforced. The stop loss at 0.0962 is set reasonably to avoid excessive risk. If interested, you can consider shorting within the above-mentioned entry zone, but be sure to adjust your position size according to your risk tolerance.