$FIRO /USDT Technical Analysis and Trade Signals 📊
Technical Analysis:
FIRO/USDT is currently priced at $2.32, reflecting a +46.04% increase in the past 24 hours. The 24h high reached $4.08, and the 24h low was $1.585. The volume of 28.45M FIRO and $82.32M USDT indicates strong trading activity. The price is showing bullish momentum, supported by the MA(5) at 146,258.1 and MA(10) at 125,171.8, signaling potential upward movement. The current price level at $2.32 is near the support zone with resistance at $2.51. If the price breaks through this resistance, we could see a move towards higher targets.
3 Targets:
1. Target 1: $2.51
2. Target 2: $2.80
3. Target 3: $3.00
Trade Signal:
Entry (Long): Above $2.30
Stop Loss: $2.20
Take Profit: $2.80 or $3.00
Market Direction: Bullish 📈
Given the upward momentum, keep an eye on resistance levels for breakout opportunities and manage risk by adjusting the stop loss accordingly!
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