$FXS /USDT – Pump Rejected! Bears Showing Strength! 🚨

Current Price: $3.007 (+11.62%)

After touching a peak near $3.31, $FXS is now retracing sharply. The uptrend is losing momentum as sellers step in hard.

Key Levels:

Resistance: $3.15 / $3.31

Support: $2.94 / $2.86

Short Trade Setup – Post-Pump Fade:

Entry Zone: $3.00 – $3.05

🎯 TP1: $2.94

🎯 TP2: $2.86

🎯 TP3: $2.78

🛑 Stop Loss: $3.18

Market Insight:

Bearish engulfing after a strong pump is a classic reversal signal. Volume spiked at the top, indicating possible distribution.

Pro Tip:

Wait for a weak bounce to re-enter shorts. Confirmation on the 15m chart below $2.94 could bring quick downside.

Ride the fade – FXS looks done for now!

$FXS

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