$FIRO /USDT Short Trade Signal!🔥💯 Current Price: $1.537
Trade Setup:
Entry: Short between $1.530 and $1.550
Target 1: $1.480
Target 2: $1.420
Stop Loss: $1.570
Risk/Reward: ~3:1
Trade Plan:
$FIRO is showing signs of bearish rejection near key resistance around $1.550. Enter short positions between $1.530 and $1.550, targeting support at $1.480 and extending to $1.420. Set a stop loss at $1.570 to manage risk if the price breaks above resistance.
Market Insight:
FIRO has faced multiple rejections around the $1.550 zone, and with weakening momentum, it looks poised for a pullback. A breakdown below $1.500 would confirm further downside. Pay attention to volume for confirmation of sell pressure.
Pro Tip: Watch for a break below $1.500, as it could accelerate the move toward the next support. Adjust your stop loss to breakeven if the price starts approaching the $1.480 target.