$FXS /USDT – Short Trade Setup After Breakdown🔥💯

$FXS /USDT has broken below the tight consolidation support near $3.05 with a clear bearish engulfing candle on the 15-minute chart. This structure shift suggests increased selling pressure, likely aiming for a deeper retracement toward lower demand levels.

Entry: $3.046

Target 1: $2.910

Target 2: $2.800

Target 3: $2.747

Stop-Loss: $3.158

Risk Management:

Limit your exposure to 3–5% of your capital. After reaching Target 1, shift your stop-loss to the entry level to protect gains and minimize risk.

Pro Tip:

Watch for retests of the $3.04–3.05 level as rejection points. Strong downside volume confirmation could accelerate the move toward targets.

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