⚡️ $FXS /USDT – May 24, 2025

🏷️ Category: Liquid Staking

💰 Price & Info

Current Price: $3.13 (▼ -12.59%)

24H High: $3.62

24H Low: $3.01

Volume: 2.90M FXS | $9.56M USDT

📈 FXS Price Analysis & Key Levels

🔹 Resistance: $3.50 / $3.62

🔹 Support: $3.10 / $3.00

📊 Crypto Market Insights

🔸 Fibonacci Retracement (Low $3.01 – High $3.62):

• 38.2% – $3.30

• 61.8% – $3.15

• Pivot – $3.20

🔸 ATR (14D): ±$0.25

📉 Volatility Range: $2.90 – $3.50

🚨 Bearish Scenario (Current Bias)

❌ Price falling below $3.10 risks deeper dip toward $3.00

❌ Sustained pressure below support could test $2.80 zone

📈 Bullish Scenario

✅ Rebound above $3.30 could challenge $3.50 resistance

✅ Break above $3.62 might target $3.80

📌 Trading Strategy – Bearish Bias

🛍️ Spot Trading

Sell Zone: $3.10 – $3.20 (if fails to hold support)

Targets: $3.00 / $2.80

Stop-Loss: $3.30

📈 Futures Trading

Short Entry: $3.10 – $3.20

Targets: $3.00 / $2.80

Stop-Loss: $3.35

Long Entry: $3.30 – $3.50 (on confirmed rebound)

Targets: $3.62 / $3.80

Stop-Loss: $3.10

🛡️ Risk Management & Alerts

Price volatile with recent sharp decline; maintain tight stops and watch for any reversal signals near $3.10 support.

💡 Unique Insight – VWAP Indicator

VWAP currently near $3.25 suggests price is trading below fair value, confirming bearish pressure.

📌 Summary

FXS shows strong bearish momentum with risk of further downside unless support at $3.10 holds. Break below this level may invite more selling.

❓Closing Question: Can FXS find strong support at $3.10 to bounce back, or will the downtrend continue deeper?

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