$FXS /USDT – Short Trade Setup in Play! 🚨📉
Current Price: $2.280 (+5.60%)
24H Range: $2.155 – $2.393
Market Structure:
$FXS faced sharp rejection near $2.39 resistance after a vertical rally. Bearish candles are now forming with lower highs—signs of short-term exhaustion.
Key Resistance: $2.36 – $2.39
Support Levels: $2.25 → $2.20 → $2.15
Short Trade Plan:
Entry Zone: $2.28 – $2.31
🎯 TP1: $2.25
🎯 TP2: $2.20
🎯 TP3: $2.15
🛑 Stop-Loss: Above $2.36
Pro Tip:
If $2.28 breaks down with volume and closes below $2.26, that confirms further downside—tighten stop for optimal RR.
Momentum fading fast—perfect window for short scalpers!
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