$FXS /USDT 4H Trade Setup
Market Insight:
$FXS is currently consolidating around $2.38 (-0.42%), showing signs of a potential bullish reversal. The MACD is positive (MACD: 0.009) with a bullish crossover (DIF: 0.020 > DEA: 0.011), and SAR support is rising (SAR: 2.350), indicating upward pressure.
Entry Zone:
๐น $2.30 โ $2.38 (accumulation range near SAR and just above key support)
Targets:
๐ฏ Target 1: $2.47
๐ฏ Target 2: $2.66
๐ฏ Target 3: $2.77
Stop Loss:
๐ป $2.25 (below recent low and psychological support)
Key Levels:
Support: $2.25 / $2.20 / $2.10
Resistance: $2.47 / $2.66 / $2.77
Pivot Point: $2.38
Pro Tip:
Look for a breakout above $2.47 with increasing volume to confirm momentum. If rejected near $2.47, consider partial profit-taking and watch for a retest of the entry zone.
#CPIWatch #BTCWhaleTracker #BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment