$FXS TUMBLES HARD – BEARS HIT, BUT RELIEF BOUNCE BREWING!
$FXS plunged from $3.622 to $3.010, settling around $3.130, marking a -12.30% daily drop. The sharp fall triggered fresh bids, and now we’re seeing consolidation with early signs of a recovery push. Volume is moderate at 3.30K, hinting at cautious re-entry by buyers.
Next Bullish Targets (If Bounce Strengthens):
• TP1: $3.180
• TP2: $3.250
Trade Setup:
• Entry Zone: $3.100 – $3.130
• Stop-Loss: Below $3.050
• Volume Status: Stable, signaling buildup after panic selling
If $FXS holds above the $3.10 mark, expect bulls to test higher resistance soon.