$FXS /USDT LONG TRADE SETUP STRONG BULLISH BREAKOUT ATTEMPT
Current Price: 2.807
Market Structure: The market shows a steady climb from the 2.61 low with higher lows forming. Price just tested the 2.808 resistance level (24h high). Strong bullish candles suggest a possible continuation if resistance breaks cleanly.
ENTRY LEVEL
Enter long between 2.800 – 2.810 after a confirmed breakout and retest of resistance.
STOP LOSS
Place stop loss below 2.760 to protect against a false breakout.
TARGET POINTS
TP1: 2.850
TP2: 2.880
TP3: 2.930
TRADE ANALYSIS
FXS has shown consistent buying pressure, climbing from intraday lows near 2.61 to the current resistance zone at 2.808. The bullish push with strong green candles indicates momentum is in favor of buyers. A clean breakout above 2.810 with a retest could validate entry for further upside. Watch closely for rejection at resistance — if sellers step in, price may consolidate or pull back before continuation.