$FXS Breakout Surge Incoming! 🚀📈
$FXS is trading at 2.819 after a strong +10.68% bullish move, showing signs of accumulation above the breakout zone. Price is consolidating near recent highs with bullish volume still present – ideal for a breakout continuation play.
Support and Resistance
• Resistance: 2.877
• Support: 2.730
Trade Setup
• Entry Zone: 2.780 – 2.819
• Stop Loss: 2.700
🎯 TP1: 2.950
🎯 TP2: 3.080
🎯 TP3: 3.250
Market Insight
$FXS broke out of its consolidation base with a solid volume candle and is now stabilizing just below the 24H high. If momentum continues, we could see another leg up as traders re-enter on the pullback. Watching for volume pickup and bullish candles for confirmation.
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