$FXS Setting Up for a Breakout? Bulls Eye Resistance Zone
$FXS is currently trading at $2.155 (+4.15%), bouncing off the support zone near $2.68 with rising volume and bullish momentum. The price is now pushing toward the recent swing high at $3.18, a critical level to watch for continuation.
Buyers are stepping in aggressively after the recent consolidation, and if momentum sustains, we may see a breakout above the resistance zone—opening room for a fresh leg higher.
Trade Setup:
• Entry Zone: $2.35 – $2.45
• TP1: $3.20
• TP2: $3.42
• Stop Loss: Below $2.25
Keep an eye out for a decisive candle close above $3.10 — that could trigger strong bullish follow-through.
Buy and trade here: $FXS