$FXS /USDT: Explosive 40% SurgeโWhatโs Next? ๐
The FXS/USDT pair has soared by 40.88%, breaking out of its consolidation phase and reaching a 24-hour high of $3.724. This impressive rally highlights strong bullish momentum, with $23.80M USDT in trading volume driving the surge.
Support & Resistance Levels:
Support: $2.80, the breakout zone, which could provide a safety net if the price retraces.
Resistance: $3.72, the current 24-hour high. A breakout above this level could pave the way for further gains.
Entry Strategies:
Short-Term Traders: Look for a pullback toward support for cautious entry, targeting a breakout above resistance.
Long-Term Investors: Consider accumulating on dips, as the bullish trend suggests potential for sustained upside.
โก FXS is leading the market with remarkable momentumโkeep a close eye on these key levels! As always, prioritize risk management in such volatile conditions. ๐น