$FXS – Back to Work! 🔥

Early signs of a reversal are appearing after a sharp decline, currently trading at $2.354 (+7.19%).

The currency has sharply rebounded from the $2.30 area with consecutive green candles, indicating renewed buyer interest.

With the overbought conditions easing in the short term, an upward movement towards resistance levels is likely if the momentum continues. Volume is recovering, supporting the potential for further gains.

Support: $2.30

Resistance: $2.44

Trade Setup:

• Entry Zone: $2.34 – $2.36

• 🎯 TP1: $2.44

• 🎯 TP2: $2.52

• 🎯 TP3: $2.65

• Stop Loss: $2.29

Pro Tip: Wait for a confirmed close above $2.36 for greater confidence in the upward push!

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