$FXS /USDT – BEARISH MOMENTUM TAKING HOLD 🔻💧

📉 Current Price: $1.996

📊 Market Outlook: Bearish – Price rejected from $2.036 high, failing to reclaim key levels with rising sell volume.

🔑 KEY LEVELS

📌 Resistance:

🔼 $2.036 – 24h High / Strong Supply Zone

🔼 $2.015–$2.020 – Minor Rejection Zone

📌 Support:

🔽 $1.964 – 24h Low / Immediate Support

🔽 $1.940 – Next Major Support

🔽 $1.900 – Breakdown Target / Round Level

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🎯 TRADE SETUP: SHORT ENTRY

🔻 Entry: $1.985 (on clean breakdown below $1.964)

🛑 Stop Loss: $2.020 (above resistance band)

🎯 Targets:

TP1: $1.940

TP2: $1.900

TP3: $1.860 (extended move zone)

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🛡️ RISK MANAGEMENT

✅ Risk 1–2% max per trade

✅ Lock profits at TP1, trail SL

✅ Confirm breakdown with volume and 15m close below $1.964 📉

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🚨 FXS/USDT is slipping under pressure – a decisive break below $1.964 could lead to accelerated losses. Watch closely!

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