$FXS /USDT – Bulls in Control After Breakout
FXS has powered past previous resistance, nailing our earlier targets with strong buying volume. Momentum remains bullish, signaling more upside ahead as long as the price stays above key support.
🚀 Long Trade Setup:
Entry Zone: $2.91 – $2.99
Stop Loss: Below $2.84 (recent support level)
Target 1: $2.99 (initial resistance)
Target 2: $3.13 (clear breakout point)
Target 3: $3.19 (extension zone if momentum continues)
💡 Risk Management:
Stick to tight risk limits—adjust position size based on stop-loss distance.
Keep your stop-loss active.
Consider taking partial profits on the climb to lock in gains, while letting the remainder ride for the full breakout potential.
Technical signals remain strongly bullish, with moving averages and momentum indicators showing “strong buy” across multiple timeframes.