$FXS – SHORT TRADE 📉
I’m watching $FXS here. Price failed to hold above 2.85 and got rejected near 2.866. Now it’s consolidating under 2.75 — bears are pressing.
Key Levels:
• Resistance: 2.80 – 2.85
• Support: 2.70 – 2.62
Short Setup:
• Entry: 2.74 – 2.78
• TP1: 2.70
• TP2: 2.66
• TP3: 2.62
• SL: 2.83
💡 If we see a candle close below 2.72 with volume, momentum gets stronger. But if price reclaims above 2.80, watch out for a fake breakdown.
Let’s go and trade now $FXS