📈 $FXS /USDT Technical Analysis & Short-Term Trade Setup

FXS is showing bullish momentum with a +32.62% gain, trading at $4.19. Here’s a concise market analysis for short-term opportunities:

Key Indicators

24h High/Low: $4.396 / $3.140

Volume Surge: 12.76M FXS ($49.58M USDT) indicates strong market interest.

Resistance Levels: $4.50, $4.80

Support Levels: $3.90, $3.60

Technical Signals

EMA: Bullish crossover supports the current uptrend.

RSI: Near overbought at 72, indicating potential cooling but strong demand.

MACD: Positive divergence confirms bullish sentiment.

Short-Term Targets

1️⃣ $4.50 – Minor resistance, take partial profits.

2️⃣ $4.80 – Key psychological level.

3️⃣ $5.00 – Stretch target for high momentum.

Stop Loss

Set at $3.90 to manage downside risk.

🔍 Disclaimer: Conduct your own research. This is not financial advice.

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