$FIRO

/USDT Technical Analysis & Trade Signals

Current Price: $2.32

24h Price Change: +39.76%

Trend: Bullish Momentum

Technical Indicators:

RSI: Currently around 60, suggesting that the asset is not yet overbought but is entering a bullish phase.

Moving Averages: The short-term moving averages (e.g., 50 SMA) are showing an upward trend, confirming bullish momentum.

MACD: Positive crossover observed, indicating strong upward momentum.

Support Levels: $1.65 (24h Low)

Resistance Levels: $4.08 (24h High)

Trade Signals:

Buy Signal: Momentum remains bullish, especially if the price stays above $2.10.

Sell Signal: Consider selling if the price fails to hold above $2.00, indicating a potential pullback.

Target Levels:

1. Target 1: $3.50 – Short-term resistance breakout.

2. Target 2: $4.00 – Test of 24h High.

3. Target 3: $4.20 – Strong resistance zone, potential profit-taking level.

Trade Momentum:

The current momentum suggests a strong buying trend. However, caution is advised near resistance levels ($4.00 to $4.20) as profit-taking may occur.

It’s essential to watch for retracements to $2.10 and confirm upward movement to maintain bullish sentiment.

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