$FXS Eyes a Major Breakout – Bulls Gaining Momentum
$FXS has reclaimed $3.00 support and is coiling just below $3.05 resistance – classic setup for a bullish flag breakout. Buyers are stacking positions, and momentum is quietly building for a sharp push higher.
🔹 Critical Levels:
Resistance: $3.05 – watch for clean breakout
Support: $3.00 – key bullish anchor
Pivot Zone: $3.02 – short-term decision point
📈 Trade Insight – Bullish Setup:
Entry: $3.042 – $3.055 (confirm above $3.05)
Targets: $3.09 / $3.15 / $3.22
Stop Loss: $2.99
📊 Why it matters:
Volume is quietly aligning, and momentum indicators are favoring buyers. Staying above $3.00 keeps the uptrend intact, inviting breakout hunters and short-term momentum traders.
💡 Pro Tip:
Ride the breakout by trailing your stop below each new support level. Protect gains while letting the momentum carry you upward.