$FXS /USDT BEARISH BREAKDOWN BREWING — WEAK PRICE STRUCTURE MAY TRIGGER FURTHER FALLS!
$FXS /USDT is trading at $3.829, down -9.20%, showing clear bearish momentum on the 15-minute chart. After failing to sustain above the $4.00 level, the price has steadily formed lower highs and is now testing near-term support around $3.80. A breakdown from this zone could open up room for further downside movement.
Trade Setup:
Short Entry: $3.83 – $3.86
Take Profit: $3.72 / $3.65
Stop Loss: $3.90
Market Outlook:
Sellers are dominating with strong rejection wicks and volatility spikes. If $3.80 breaks with volume, expect acceleration toward lower support zones. Only a reclaim of $3.90 would shift short-term bias back to neutral.
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