$FIRO

/USDT Technical Analysis – Binance Update

📉 Current Price: $2.07 (-6.50%)

The market for FIRO/USDT has seen bearish pressure, with the price dropping from a high of $2.277 to a low of $2.040 in the past 24 hours.

📊 Key Levels to Watch:

Resistance: $2.18 – A breakout above this could signal recovery.

Support: $2.04 – Holding above this level is crucial to avoid further declines.

📈 Volume Insights:

FIRO 24h Volume: 1.60M

USDT 24h Volume: 3.45M

The strong volume suggests active trading, but sellers currently dominate.

Trend Analysis:

The 15-minute chart indicates consolidation around $2.072, with slight upward momentum (+0.34%).

Short-term recovery might be possible if buyers push above $2.10, but caution is advised due to overall market weakness.

🔍 Strategy:

Day Traders: Watch for a breakout above $2.18 for potential upside.

Long-Term Holders: Accumulating near support levels could be a strategy, but monitor the trend closely.

Stay informed and trade responsibly on Binance.

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