$FXS /USDT – Bullish Momentum Building Up?

Current Price: $3.04 (+7.03%)

Reason:

$FXS is showing strong upward momentum with price holding above all key moving averages (MA7, MA25, MA99). The MA(7) has crossed above MA(25), which is often an early bullish signal. Volume is steadily increasing, confirming buying interest, and the price is trading near the 24h high ($3.07), suggesting potential breakout if this level is cleared.

Long Setup:

Entry Zone: $3.03 – $3.08

TP1: $3.18

TP2: $3.30

TP3: $3.45

SL: $2.91

Key Observations:

Golden cross (MA7 > MA25) suggests trend shift

Strong support around $2.82, recent higher low

Increasing volume supports continuation of upside

Pro Tip:

Watch for a 4H close above $3.07 – that breakout could trigger a wave of bullish continuation. Consider trailing stops near $3.20+ for safe profits.

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