$FXS /USDT short trade signal 🔴
SHORT TRADE SIGNAL – STRUGGLING NEAR SUPPLY AFTER STRONG MOVE UP!
$FXS is showing signs of weakness after tapping $2.894 — the upper resistance zone of its current range. Price has started printing long upper wicks on lower timeframes, and volume has started cooling off. This signals a potential lower high forming and suggests that a short-term correction may be underway.
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TRADE SETUP (SHORT):
Entry: $2.87 – $2.89
Target 1: $2.76
Target 2: $2.68
Stop Loss: $2.92
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Why Short?
FXS surged on strong news but is now struggling to hold gains. Despite the $12.4M token transfer, price is failing to break above $2.90 cleanly. Weak follow-up buying and long wicks are signaling seller control. If $2.87 support cracks, a deeper pullback is likely.
Risk Management Tip:
Set tight SL above $2.92 — if price breaks and holds above it, momentum could shift again. Always monitor reaction around key support zones and adjust exposure.
Don’t let this breakout fake you — short the weakness and ride the correction on $FXS!
Ride the momentum before it fades — profits favor the fearless!
buy and trade here on $FXS
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