Here is your professional technical analysis post for Binance Square:
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$FXS USDT BULLISH REVERSAL – STRONG BREAKOUT AFTER DEEP DIP 🚀
FXS/USDT has surged from its recent low of $1.985 to $2.046 with a powerful green candle, breaking above the 99 MA ($2.025) and 25 MA ($2.008). This breakout indicates strong buyer momentum returning to the market after an extended downtrend.
🔰 TRADE SETUP (LONG):
Entry Zone: 2.040 – 2.050
Take Profits:
🎯 TP1: 2.065
🎯 TP2: 2.090
Stop Loss: 2.020
📊 MARKET OUTLOOK:
The breakout above key moving averages with high volume confirms bullish reversal strength. As long as FXS/USDT holds above the 99 MA, further upside targets are likely with intraday buyers aiming for quick gains.
⚠️ Risk Management:
Keep position sizes controlled, secure partials at TP1, and adjust SL to entry to lock profits in this volatile breakout scenario.
#FXSUSDT #CryptoSignals #BreakoutTrade #BinanceAnalysis #AltcoinSetup
buy and trade here on $FXS
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