🔥 $FXS /USDT — Oversold Bounce Turning Into a Reversal?
FXS has been bleeding for a long time, falling from 1.77 all the way down to 0.78 — but the bounce from 0.786 support is clear and clean. This is a classic “bottom attempt” candle formation.
Right now FXS is testing the trendline and if buyers hold momentum, the next wave could flip the entire structure.
Support:
🔹 0.786 (strongest pivot)
🔹 0.823 (newly formed intraday support)
Resistance:
🔸 0.873
🔸 0.954 (major reversal zone)
Next Target:
🎯 1.05 – 1.10
If FXS breaks above 0.95 with volume, a reversal rally toward 1.05/1.10 becomes highly likely.
Sentiment: Oversold → bounce started → momentum building. Big reversal chance coming 🔥
FXS
0.788
+0.25%