$FXS /USDT BULLISH BREAKOUT — CAN BUYERS HOLD ABOVE 2.77?
FXS has broken out of its rising channel on the 15m chart, showing strength after retesting the breakout zone. If bulls sustain momentum above 2.77, upside continuation toward higher resistance levels is likely.
Trade Setup (Long):
Entry Zone: 2.77 – 2.78
Take Profit 1: 2.84
Take Profit 2: 2.86
Take Profit 3: 2.92
Stop Loss: 2.73 – 2.74
Market Outlook:
Momentum favors the bulls as long as 2.77 support is defended. A close above 2.84 could accelerate the rally toward 2.92. However, failure to hold 2.77 may bring quick downside pressure.