📉⚠️ $FXS /USDT BEARISH BREAKDOWN UNDERWAY! ⚠️📉
$FXS/USDT is currently trading at $1.973, down 4.59%, with strong rejection from the $2.07 level. Price is pressing toward the lower boundary of recent consolidation — a breakdown below $1.950 could accelerate losses.
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🔍 Current Price: $1.973
📉 Support Zone: $1.950 – $1.875
📈 Resistance Zone: $2.000 – $2.073
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🔻 Trade Setup – SHORT Position:
📌 Entry: Below $1.950 (on breakdown confirmation)
🎯 Target 1 (TP1): $1.900
🎯 Target 2 (TP2): $1.875
🛡️ Stop Loss (SL): $2.015
📊 Risk-Reward Ratio: ~2.5:1 — bearish continuation supported by volume and price action
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⚠️ Risk Management Tip:
🔒 Risk only 1–2% of total capital
📉 Wait for breakdown confirmation below $1.950
🧠 Stick to stop loss — protect your capital at all times!
#FXS #CryptoAnalysis #BearishSetup #ShortTrade #DeFiToken $FXS