$FXS

USDT – SHORT SIGNAL AFTER STRONG RALLY?

OVEREXTENDED RALLY

REJECTION AT KEY RESISTANCE

$FXS has surged from $2.99 to $3.97 — a sharp 32% rally — but is now showing signs of exhaustion. The latest hourly candle shows a strong upper wick and rejection from $3.97, indicating selling pressure at local highs.

Short Setup:

Entry: $3.84

Target 1: $3.59

Target 2: $3.37

Stop Loss: $3.98

A break below $3.80 could trigger a deeper pullback toward the breakout zone. This setup favors a short-term correction after a parabolic move.

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