$FXS
/USDT IN FREEFALL — BEARS SLAM IT DOWN NEAR $3.00 SUPPORT!
$FXS has taken a serious hit, crashing -12.85% to $3.121, with a 24H low of $3.01 and no strong bounce yet in sight. The 1H chart shows a relentless downtrend from above $3.60, with minimal recovery signs.
TRADE SETUP (SHORT RETEST):
Entry: $3.12 – $3.15
Take Profit: $3.02 / $2.95
Stop Loss: $3.26
MARKET OUTLOOK:
The trend is clearly bearish, and unless bulls reclaim the $3.25 resistance, $FXS risks dropping below $3.00. Watch for a retest of support — failure to hold could lead to deeper downside.
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Be early, be cautious! In a falling market, entries require precision — let the trend guide you, not emotions.
When the chart bleeds, smart traders lead — position with the trend, not against it.
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