Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Looking at FHE's recent trend, many people might want to buy the dip or short. However, a careful observation of traders' tactics can reveal some clues. Although there was some downward movement, it was immediately pulled back, and the price remained volatile at high levels—this usually indicates that the upward trend is not yet fully in place.
A review of historical candlestick charts makes this clear. This coin previously surged by 8 times, and now it has only increased 3 times. To push up another 2 times is not very difficult. Based on the rhythm, the current state seems more like accumulating strength rather than reversing direction.
But here’s a special reminder: with a market cap of 50 million, it’s very easy for a manipulated pump-and-dump to occur. A single misstep could lead to a significant pullback. So, be cautious when shorting.
Another very important point—don’t be led by project announcements. Unlocks, positive news, fundraising—these are just surface-level information. The real determinant of the next move is what the market itself is saying. Keep an eye on trading volume and price movements; they are more reliable than analyzing news.