$FXS Liquid Staking Testing New Highs! 🚀

On the 1h timeframe, $FXS currently at $2.562, up by a solid +5%! The 24h high is also $2.562, with a volume of 2M FXS and 4M USDT. The RSI is high at 73, indicating strong buying pressure.

✅ Key Observation:

#FXS is testing its 24-hour high, showing strong upward momentum in the Liquid Staking sector.

next Next Potential targets:

🎯 $2.600 (potential next resistance level)

🎯 $2.650 (potential further resistance if breakout occurs)

🎯 $2.700 (higher potential target if strong momentum continues)

🛡️Important Support Level (to watch for potential pullback):

🛡️ $2.500 (potential near-term support zone)

🛑 Stop Loss: Consider a stop loss around $2.470 to manage risk.

📈 **Potential Price Path in the Next Hours:**

#FXS is exhibiting strong bullish momentum as it tests its 24-hour high. A sustained break above $2.562 with increasing volume could lead to a rapid move towards the $2.600 resistance and potentially extend towards $2.650 and $2.700. The high RSI suggests strong buying interest, but be mindful of potential volatility at these resistance levels.

Buy and trade here on $FXS