$FXS /USDT – Rejection Near 24H High! Short Setup Active! 🚨
Current Price: $3.165 (+5.25%)
$FXS just tapped into the $3.21–$3.22 resistance and is now facing selling pressure. Price is showing signs of a local top with a clear pullback candle.
Key Resistance:
$3.210 – $3.220 (24H high zone)
Immediate Support:
$3.120
$3.050
Short Trade Setup:
Entry Zone: $3.160 – $3.190
TP1: $3.050
TP2: $2.980
Stop Loss: $3.235
Market Insight:
FXS pumped over 5% but failed to sustain the high. Profit-taking is kicking in, creating a potential reversal scalp opportunity.
Pro Tip:
Watch for breakdown below $3.12 for added confirmation. Ideal for short-term intraday traders.
Bulls are slowing down — perfect time for bears to step in!
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