$FIRO /USDT – Bullish Breakout in Progress!
Momentum Analysis: FIRO/USDT shows strong bullish momentum, with a +2.66% price increase in the past 24 hours. Price is testing the 1.209 resistance level, with a potential breakout if it continues to hold above this point. The market depth also indicates buy interest at current levels.
Long Setup:
Entry Zone: 1.198 - 1.209
Targets:
T1: 1.220
T2: 1.250
T3: 1.280
Stop Loss: 1.180 (below the support level)
Breakout Confirmation Level: 1.209 (If price breaks above, further bullish movement is likely)
Key Support: 1.182
Pro Tip for Traders: Be cautious of false breakouts around the 1.209 level. Ensure confirmation before entering a long position. Watch for volume increases during the breakout for added confirmation.
Relevant Hashtags: #FIROUSDT #CryptoBreakout #BullishTrend #CryptoTrading #BreakoutAnalysis