$FXS /USDT – Bounce Back in Action! 🔥
$FXS is showing early signs of a reversal after a steep drop, now trading at $2.354 (+7.19%). The coin rebounded sharply from the $2.30 area with consecutive green candles, hinting at renewed buyer interest. With short-term oversold conditions easing, a bullish move toward resistance levels is likely if momentum sustains. Volume is recovering, supporting potential upside continuation.
Key Levels:🔑
• 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 stronger confidence in the upside push!
Technical Analysis:💵
🔳Strong bounce from oversold levels.
🔳Volume increasing on the recovery.
🔳Bullish divergence potential if momentum continues.
🔳Key resistance at $2.44 needs to be cleared for further upside.
⚠️ Risk Management:🚨
🔲This is a counter-trend bounce play.
🔲Watch for any rejection at resistance levels.
🔲Consider partial profit-taking at each target.
🔲Stay alert to overall market sentiment.
The setup looks promising for a relief rally! 📈🚀
#BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment #StrategyBTCPurchase #Write2Earn $FXS 👈 Buy and trade now 💰