$FIRO /USDT – Privacy Coin Rallies 21.86% As Regulatory Fears Ease! 🛡️

Current Price: $0.446 (+21.86%)

24H Range: $0.366 – $0.464

🔒 Privacy Narrative Resurgence:

FIRO has surged 21.86% after a prominent legal firm published an opinion suggesting privacy coins remain compliant with updated FinCEN guidelines. This comes as Firo's optional privacy implementation gains recognition as a balanced approach in jurisdictions with stricter reporting requirements.

Key Levels:

Resistance: $0.465 (daily high), $0.500 (psychological barrier)

Support: $0.425 (intraday), $0.400 (previous resistance)

Pattern Recognition: Inverted Head & Shoulders targeting $0.52

Trade Setup:

Entry Zone: $0.440-$0.455 (current trading range)

Pullback Entry: $0.410-$0.425 (higher probability setup)

Targets:

TP1: $0.50 (+12%)

TP2: $0.55 (+23%)

TP3: $0.60 (+35%)

Stop Loss: Below $0.38 (pattern invalidation)

Pro Tip:

FIRO's massive spike in social volume (up 295% per LunarCrush) suggests potential short-term top formation. Privacy coins move as a sector – monitor ZEC and XMR performance for confirmation of sector-wide trend. The most favorable risk/reward setup presents on a pullback to $0.42 with decreasing volume, suggesting absorption of sellers$FIRO