$FXS / – BEARISH BREAKDOWN IMMINENT 🚨📉
The $FXS / pair is currently showing bearish momentum as price fails to hold above critical support levels. The recent drop to $2.375 (-6.83%) reflects weakening buyer interest and opens the door for further downside movement.
🔍 KEY LEVELS TO WATCH
Current Price: $2.375
Immediate Resistance: $2.50
Major Resistance: $2.70
Immediate Support: $2.34
Major Support: $2.28 – If broken, expect a steep decline
⚠️ TRADE SETUP – SHORT ENTRY
Entry (Sell Limit): $2.40–$2.45 (retest of broken support)
Take Profit (TP):
🥇 TP1 – $2.34
🥈 TP2 – $2.28
🥉 TP3 – $2.10 (extension target if sell-off intensifies)
Stop Loss (SL): $2.52 (above key resistance zone)
📊 RISK MANAGEMENT
💡 Risk only 1-2% of your capital
✅ Use a tight SL and trail your profits as price moves in favor
⚖️ Risk/Reward Ratio: 2.5+:1 – Optimal for bearish continuation trades
Stay sharp, stay disciplined! ⚔️
Breakdowns can be brutal – trade smart! 🧠📉#GENIUSActPass #FOMCMeeting #SparkBinanceHODLerAirdrop #BinanceAlphaAlert #Write2Earn $FXS