$FXS Bullish Reversal in Motion Aimed at Breakout 3.40.....
$FXS has recovered strongly after bouncing from the support area of $2.96. Recently higher lows and increasing buying pressure on the 4H chart indicate a potential trend shift. If it breaks the resistance at $3.26, we may see a rapid upward movement.
Trading Setup (For Spot & Futures):
• Entry Zone: $3.22 – $3.26
• Stop Loss: $3.08
• Target 1: $3.40
• Target 2: $3.57
• Target 3: $3.72 (optional swing)
Risk Tip: Use a tight SL if volume decreases. Ideal for short-term momentum traders aiming for quick profits.