🚨$FIRO /USDT Trading Signal Update🚨

Current Market Overview

Price: $2.544

24h Change: +24.34% (strong upward trend over the past 24 hours)

24h High: $2.740

24h Low: $2.025

Volume: 16.96M $FIRO ($41.27M in USDT)

Short-Term Signal (1h)

Price Movement: -2.34% in the past hour, showing a pullback after hitting resistance.

Action: Caution for short-term trades. If the price breaks below $2.50, we might see further drops to $2.40 support. However, a rebound above $2.55 could lead to another upward attempt toward $2.70.

Recommendation: Scalpers should watch the $2.50-$2.55 range for quick profits. Use tight stop-loss to manage risks.

Long-Term Signal (1D)

Trend: Uptrend intact, with a massive 24h gain of +24.34%.

Action: The breakout from the $2.50 level signals bullish momentum. If the price maintains above $2.50, long-term traders may target $2.90 or even $3.00. A breakdown below $2.40 would signal a potential reversal.

Recommendation: Consider holding if already in profit. For new entries, wait for confirmation of stability above $2.50 or a dip near $2.40 for lower-risk entry points.

Profit/Loss Management

Short-Term Profit Targets: $2.60, $2.70

Long-Term Profit Targets: $2.90, $3.00

Stop-Loss Suggestions:

Short-term: Below $2.50

Long-term: Below $2.40

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