🔄 $FXS /USDT – Bullish Recovery Signals After Oversold Dip! 🚀📈

After a sharp drop from $2.74, $FXS is showing early signs of a comeback. Currently trading at $2.421 (+9.35%), the price is stabilizing above $2.40 and forming a potential higher low on the 30-minute chart. Buyers are starting to step back in—watch closely for volume spikes and bullish candle confirmations.

📊 Trade Setup:

• Entry Zone: $2.40 – $2.43

• 🎯 Target 1 (TP1): $2.52

• 🎯 Target 2 (TP2): $2.66

• ❌ Stop Loss (SL): $2.32

⚡ Technical View:

Higher low formation with bullish divergence signals a possible short-term bounce. Price is holding above key support with potential for retest of previous highs.

🛡 Risk Note:

SL below $2.32 keeps downside limited if recovery fails. Keep risk tight during early bounce phases.

🔄 Strategy Breakdown:

This setup targets the early stage of a bounce from a local dip. Entry is positioned just above the support zone, aiming to catch momentum shift toward previous resistance areas.

📢 Follow @bullishbanteer for sharp trade setups and crypto trend plays! 📈🔥