🚨 $FXS /USDT – Short Setup Triggered: Breakdown Ahead?
$FXS just flashed a classic reversal wick from the $4.44 local high, with momentum clearly fading on lower timeframes. Sellers are stepping in fast — setting the stage for a potential breakdown.
📉 Trade Setup:
Entry Zone: $4.01 – $4.06
TP1: $3.88
TP2: $3.74
TP3: $3.61
Stop Loss: Above $4.17
🔍 Key Market Levels:
Resistance: $4.44 (Confirmed rejection)
Support Zone: $3.61 (Final target)
💡 Pro Tip:
Wait for a clean 1H/4H candle body close below $4.00 to confirm bearish strength before going short. Volume fading + rejection wick = ideal recipe for quick downside momentum.
📊 This setup offers a solid R:R — capitalize before the next leg flushes out late longs.
⚠️ Reversal patterns are forming. Smart traders act on confirmation — not speculation.