Short Sell Trading Signal for Pair $FXS /USDT - Targeting $3.550
The price of FXS has just peaked at $4.000, and it is now retreating with red candles forming on the hourly chart. The price is currently trading at $3.770, showing signs of losing upward momentum after a strong rise from $3.058.
Short Trading Setup:
Entry Zone: $3.75 - $3.80
Target: $3.550
Stop Loss: Above $4.05
This movement appears to be corrective after a sharp rise. If selling pressure continues, the price may revisit the $3.550 area as the next key level. Exercise caution and manage your risks wisely.
Trade here on $FXS