$FXS /USDT – Breakdown Brewing? Key Support Under Pressure! 🚨

Current Price: $3.019 (+0.13%)

After a sharp rally to $3.31, $FXS is showing signs of weakness. The recent sell-off has brought price back near the $3.00 psychological support zone. A breakdown here could accelerate downside.

Key Levels:

Resistance: $3.15 – $3.31

Support: $2.99 (24h low), $2.86 (next strong demand)

Breakdown Line: $3.00

Short Setup – Bearish Opportunity:

Entry Zone: $3.00 – $3.01

🎯 TP1: $2.90

🎯 TP2: $2.82

🎯 TP3: $2.73

🛑 Stop Loss: $3.15

Market Insight:

Price has lost upward momentum after topping at $3.31. The lower highs and strong red candles suggest distribution and fading buyer strength.

Pro Tip:

Wait for a candle close below $3.00 for clean confirmation. If bulls reclaim $3.15, consider invalidating this short setup.

If $3 breaks cleanly—expect a fast drop toward $2.80s! Stay sharp.

$FXS

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