Technical Analysis: $FIRO
/USDT - Key Price Levels to Watch 🎯
FIRO/USDT has shown strong momentum recently, trading at $2.559, with a 9.88% increase over the last 24 hours. Let's break down the key levels for potential movement:
1. Support Level: $2.200
The 24-hour low of $2.200 has proven to be a solid support. If the price retraces, we could see FIRO bouncing back from this level, maintaining a bullish outlook.
2. Resistance Level 1: $2.600
The $2.600 mark has been a significant barrier for FIRO in recent trading hours. A break above this level could indicate further upward momentum towards the next target.
3. Resistance Level 2: $2.900
A key target to watch is $2.900, where FIRO has previously encountered resistance. If the market continues to show strength, this level could be the next significant hurdle to overcome.
Overall Outlook: With a positive 24-hour price change and bullish movement towards resistance, FIRO/USDT could be setting up for a continued rally, provided it holds above support levels. Keep an eye on these key price targets for potential breakout or retracement opportunities.
Let me know if you'd like to refine this further!