$FXS Bulls Back in Action! šš„
$FXS is on the move, currently trading at 3.098(+2.89%), bouncing sharply after defending the 2.983 support. Buyers have regained control, driving price closer to the 3.100 resistance, and momentum signals point to more upside potential in the near term.
Key Levels
⢠Resistance: 3.100 ā 3.149
⢠Support: 3.020 ā 2.983
Trade Setup
⢠Entry Zone: 3.035 ā 3.085
⢠Stop Loss: 3.000
šÆ TP1: 3.110
šÆ TP2: 3.149
Market Insight
After a period of sideways action, $FXS is showing fresh bullish intent. A strong close above 3.149 could accelerate gains, while a dip below 3.020 might lead to another retest of the 2.983 demand zone before any major upside.