$FXS /USDT – Set Up Bounce After Deep Drop! 📈
Current Price: $3.850 (+8.39%)
24H Range: $3.516 – $4.447
Market Structure:
After a strong rally to $4.44, $FXS experienced a significant correction but found support around $3.70 and is now showing signs of reversal with a bullish 15-minute candle forming.
Key Levels:
Support: $3.70
Resistance: $4.00 (short-term), $4.45 (24H high)
Trade Setup:
Entry Zone: $3.80 – $3.88
TP1: $4.00
TP2: $4.20
TP3: $4.45
SL: Below $3.68
Market Analysis:
The long candle near $3.70 indicates a liquidity sweep and the potential re-entry of smart money. If the price rises above $3.90 again, the bulls may regain control.
Professional Tip:
Look for consolidation above $3.85 to confirm strength. A volume breakout above $4.00 could revive bullish momentum.
FXS Might Be Preparing to Rise Again – Watch for the Recovery!
FXS
3.849
+8.69%
