$FXS /USDT SHORT TRADE SETUP BEARISH MOMENTUM ALERT 💯 🔥
Current Price: 3.091
Market Structure: Price is failing to hold above 3.100 and is forming lower highs. Selling pressure is increasing after multiple rejections near 3.300, signaling a possible move back to recent lows.
ENTRY LEVEL:
Enter short between 3.090 – 3.120 after a small bounce.
STOP LOSS:
Place stop loss above 3.160 to avoid sudden reversals.
TARGET POINTS:
TP1: 3.040
TP2: 3.000
TP3: 2.960
TRADE ANALYSIS:
FXS is losing upward momentum, with sellers stepping in at key resistance. A break below 3.040 could accelerate the drop toward the 2.96 support zone. Watch for bearish candle confirmation before entering.