$FIRO

/USDT Technical Analysis & Trade Signals

Current Price: $2.07 (+14.39%)

Momentum: Strong bullish momentum with rising volumes and an MA(5) crossing above MA(10), indicating a potential short-term uptrend.

Resistance Levels:

Target 1: $2.32 (Immediate resistance)

Target 2: $2.50 (Mid-term resistance)

Target 3: $2.84 (24h high and key resistance)

Support Levels:

Support 1: $2.00 (psychological level)

Support 2: $1.93 (recent low)

Trade Momentum:

Bullish: Enter above $2.10 with targets at $2.32, $2.50, and $2.84.

Bearish: Watch for breakdown below $1.93 for shorting opportunities.

Indicators:

Moving Averages: Bullish crossover (MA5 > MA10).

Volume: High volume at 183.76K indicates strong market activity.

RSI: Likely near overbought; monitor for reversal signals.

Trade Strategy:

Short-term: Buy dips above $2.00 and aim for $2.32.

Mid-term: Hold positions for $2.50+ breakout.

Risk Management: Set stop-loss below $1.93.

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