Technical Analysis:
$FIRO 💯🔥
/USDT
$FIRO is showcasing intriguing price action on Binance, currently trading at $2.145 with a +2.39% gain over 24 hours. Here's a deeper look at the key metrics:
24h High/Low: $2.375 / $2.020
Trading Volume (24h): 5.13M FIRO (~$11.11M USDT)
Current Market Sentiment: Mixed, with 62.54% of orders on the ask side.
Recent Trends:
Over the past 90 days, FIRO has surged by 72.04%, suggesting strong recovery and bullish sentiment.
However, the 30-day drop of -30.79% signals recent corrections or consolidation phases.
Key Levels:
Support: $2.020
Resistance: $2.375
A break above $2.375 could trigger further bullish momentum, while a dip below $2.020 may lead to additional corrections.
Indicators to Watch:
RSI: Approaching neutral, hinting at a balanced market.
Moving Averages (4h): Price sits near the 50-EMA, showing indecision.
Suggestion:
Traders should monitor volume and price action closely near the $2.020 support level. Long-term holders may benefit from the strong 180-day performance (+87.35%), while short-term traders can capitalize on the volatility.
Stay updated on FIRO/USDT for potential breakout opportunities!
#Binance #CryptoAnalysis #FIROUSDT