$FIRO
/USDT Technical Analysis and Trade Signal🔥💯💯💯
Current Price: $2.57
Trade Signal: Bullish
Momentum suggests a strong upward trend, backed by increased trading volume and recent price action.
Technical Indicators:
RSI: Above 60, indicating positive momentum but nearing overbought.
Moving Averages: Price is above the 50-day and 200-day MA, confirming bullish strength.
MACD: Shows a bullish crossover, supporting upward momentum.
Targets 🎯
1. Target 1: $2.70 (Short-term resistance)
2. Target 2: $2.90 (Key psychological level)
3. Target 3: $3.10 (Potential breakout target)
Trade Momentum: Strong Buy
With current bullish momentum and volume spikes, traders could consider an entry near $2.55-$2.60. Use $2.45 as a stop-loss to mitigate downside risks.
Keep monitoring price action and volume around key resistance levels for further confirmation.
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