Rin tokyo
Open Trade
AVAX Holder
Frequent Trader
4.4 Years
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Long-term price trend:
#FXS is in a long-term downtrend, dropping from the peak of 45.9$ to only ~3.47$.
There is a strong hammer candle at the bottom of 0.351$, indicating that a very strong support zone has been established → a sign of potential bottom formation.
📊 2. Technical indicators:
RSI(14): 37 → still in the weak zone, not oversold but gradually recovering → accumulating rather than entering a clear wave.
MACD: Slight positive crossover signal (MACD > Signal) → recovery force is beginning to form, but not strong yet.
Bollinger Band: Current price is below Midband → still in the low zone. The band is gradually narrowing, preparing for a significant volatility.
📈 3. Volume and OBV:
OBV slightly increasing indicates that there is capital quietly accumulating.
Volume spiked a few candles ago → a sign that smart money is appearing.
Strategy suggestion:
Try buying 10~20% of capital, split into 3 orders from 3.4$ ~ 2.8$ if there is a correction.
Cut losses if FXS breaks below the zone of 2.2$ (low risk because it is close to the bottom).
Medium-term target: 7$ → 12$ (x2~x3 if bullrun 2025 starts in the right direction).
#FXS is in a long-term downtrend, dropping from the peak of 45.9$ to only ~3.47$.
There is a strong hammer candle at the bottom of 0.351$, indicating that a very strong support zone has been established → a sign of potential bottom formation.
📊 2. Technical indicators:
RSI(14): 37 → still in the weak zone, not oversold but gradually recovering → accumulating rather than entering a clear wave.
MACD: Slight positive crossover signal (MACD > Signal) → recovery force is beginning to form, but not strong yet.
Bollinger Band: Current price is below Midband → still in the low zone. The band is gradually narrowing, preparing for a significant volatility.
📈 3. Volume and OBV:
OBV slightly increasing indicates that there is capital quietly accumulating.
Volume spiked a few candles ago → a sign that smart money is appearing.
Strategy suggestion:
Try buying 10~20% of capital, split into 3 orders from 3.4$ ~ 2.8$ if there is a correction.
Cut losses if FXS breaks below the zone of 2.2$ (low risk because it is close to the bottom).
Medium-term target: 7$ → 12$ (x2~x3 if bullrun 2025 starts in the right direction).
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