$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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