$FXS /USDT.
Token: FXS/USDT Quick trade setup.
Current Price: ~$2.15
24h Range:
High: $2.159 (currently testing it!)
Low: $2.041
MA60: $2.142 (price is above MA60)
Volume: Moderate; ~2.22M USDT traded
Technical Outlook:
Momentum: Slightly bullish — price is right at the 24h high, trying to break out.
Volume rising, suggesting potential follow-through if breakout confirms.
MA10 > MA5, which hints at some recent push — watch for a pullback.
Trade Setup:
Breakout Play (Bullish Bias)
Entry: $2.16–2.17 (confirm breakout above 24h high)
Target 1: $2.20
Target 2: $2.26
SL: $2.13 (just below MA60)
Pullback Entry
Entry: $2.13–2.14 (near MA60 bounce)
Target: $2.15–2.16
SL: $2.11
Risk Notes:
Volume is climbing, but not explosive — confirm with real-time order flow.
If price gets rejected at $2.16–2.17, consider short-term short scalp to $2.13 support.
Great candidate for tight SL scalp or grid entries around MA zones if consolidating.
Would you like a grid trading plan for FXS or a multi-timeframe confluence setup?
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