$FXS /USDT – Short Trade Signal Triggered! ⚠️📉
Current Price: $2.302 (+5.35%)
24H Range: Low $2.147 – High $2.393
📊 Market Structure:
$FXS surged into a critical resistance zone near $2.390 but faced a strong rejection, showing signs of exhaustion. A confirmed failure at this level opens up the possibility for a short trade.
Key Levels:
• Resistance Zone: $2.360 – $2.393
• Support Zone: $2.240 → $2.180
📈 Short Setup:
• Entry Zone: $2.300 – $2.340 (Confirmed rejection zone)
• 🎯 TP1: $2.240
• 🎯 TP2: $2.200
• 🎯 TP3: $2.150
• 🛑 SL: Above $2.400
Keep In Mind:
Monitor for increasing selling volume and weak retests of the $2.32–$2.34 zone to reinforce your short position.