$FXS 💡Market Outlook

$FXS has exited its consolidation base with a solid volume candle and is now settling just below the highest level in 24 hours. If the momentum continues, we may see another rise as traders re-enter at the correction. We are monitoring for volume spikes and bullish candles for confirmation.

An explosion is coming!

$FXS is trading at 2.819 after a strong upward move of +10.68%, showing signs of accumulation above the explosion zone. The price is consolidating near recent highs with increasing trading volume – ideal for the continuation of the explosion.

Support and Resistance

• Resistance: 2.877

• Support: 2.730

🔸Trade Setup

• Entry Zone: 2.780 – 2.819

• Stop Loss: 2.700

First Target: 2.950

Second Target: 3.080

Third Target: 3.250

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