🩸 $FXS / USDT – Dead Cat Bounce or Breakdown Reloading? ⚠️📉
FXS is currently rotating near $3.60643, showing signs of weakness after a failed reclaim above the $3.65 zone.
The 4H chart reveals a bearish retest pattern, with declining volume and momentum divergence suggesting that the recent push was a liquidity grab.
If $FXS slips below $3.54, bears could regain full control, aiming for deeper structural targets.
🔹 Resistance Wall: $3.652 – Last major rejection wick
🔹 Support Pivot: $3.541 – Breakdown trigger
🔻 Short Trade Blueprint
Entry Zone: $3.58 – $3.62 (Short triggered at $3.60643)
🎯 TP1: $3.505 – Weak support shelf
🎯 TP2: $3.382 – Demand void zone
🎯 TP3: $3.221 – Macro structure retest
🛑 Stop Loss: $3.692 – Above failed breakout level
🧠 Pro Tip:
If $FXS closes a 4H candle below $3.54 with increased sell volume, expect momentum traders and algos to pile on.
Partial exits near TP1 are smart, but keep a trailing stop strategy to harvest the full downside potential if trend acceleration kicks in.
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