$FIO USDT short trade signal 🛑 🚦
BEARISH REVERSAL LOOMING — BREAKDOWN LIKELY AHEAD
FIO is struggling to break above the 0.02260 resistance and is forming a rising wedge — a classic bearish reversal signal. The repeated rejections near the upper trendline hint at weakening bullish momentum, increasing the probability of a sharp pullback if price closes below support. Sellers may soon take control, driving the market lower in the short term.
Trade Setup (Short):
Entry Zone: 0.02155 – 0.02170
Take Profit 1: 0.02050
Take Profit 2: 0.01914
Take Profit 3: 0.01754
Stop Loss: 0.02265
Market Outlook:
Momentum is fading near the resistance zone with decreasing buying pressure. A break below the wedge support could accelerate downside targets. Immediate key level to watch is 0.02150; failure to hold could open the door for a deeper correction.
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buy and trade here on $FIO