$FXS

/USDT – Potential Rebound After Deep Pullback

Current Price: $3.850 (+8.39%)

24H Range: $3.516 – $4.447

Market Structure:

After a strong rally to $4.44, FXS underwent a sharp correction, finding support around the $3.70 level. Currently, it's showing early signs of a potential reversal, highlighted by a bullish 15-minute candle forming near support.

Key Levels:

Support: $3.70

Resistance: $4.00 (short-term), $4.45 (24H high)

Trade Setup:

Entry Zone: $3.80 – $3.88

Take Profit Targets:

TP1: $4.00

TP2: $4.20

TP3: $4.45

Stop Loss: Below $3.68

Market Insight:

The long wick near $3.70 suggests a possible liquidity grab — a move often followed by institutional buying. If the price reclaims $3.90 and holds, it could indicate that bulls are regaining control.

Pro Tip:

Watch for consolidation above $3.85 to confirm underlying strength. A strong breakout with volume above $4.00 may signal a continuation of bullish momentum.

Summary:

FXS could be setting up for another move higher. Stay alert, manage risk, and focus on confirmation signals before entering #GENIUSAct #BinanceAlphaAlert #MyEOSTrade #SaylorBTCPurchase #EthereumSecurityInitiative