$FXS /USDT short trade signal 🛑 🚦
BEARISH REVERSAL INCOMING — WATCH FOR A SHARP PULLBACK!
Price action on the 30-minute chart shows that $FXS/USDT faced rejection near the $2.45 level after a strong rally. It has now started to retrace from the top with an indication of a bearish engulfing candle. The recent upward move appears exhausted, and price has dropped back into the previous consolidation zone — signaling a potential reversal and sell-off.
Trade Setup:
Entry (Short): $2.41 – $2.43
Take Profit (TP): $2.34 / $2.28
Stop Loss (SL): $2.46
Market Outlook:
Momentum has shifted bearish on the lower timeframes with a rejection wick and bearish pressure building. If price breaks below $2.38 support, downside acceleration is likely. Risk management is key — avoid over-leveraging.
Command: Lock in profits before the breakdown accelerates.
#TechnicalAnalysis #FXSUSDT #BearishSetup #CryptoTrading #PriceAction
buy and trade here on $FXS