$FIRO Short Signal Alert 🚨
$FIRO is showing significant bearish momentum, currently trading at $1.855 with a sharp decline of -8.85% in the last 24 hours. A break below critical support could trigger further downside.
📊 Short Trade Setup
🔹 Trade Direction: SHORT 📉
Entry Zone: $1.85 - $1.88
Take Profit (TP):
TP1: $1.80 (Immediate Support)
TP2: $1.75 (Extended Target)
Stop Loss (SL): $1.92 (Above local resistance).
Key Observations:
1️⃣ Continuous bearish candles on the 1-hour chart indicate selling pressure.
2️⃣ Volume increasing alongside downward movement confirms weakness.
3️⃣ A break below $1.85 support could accelerate the drop toward $1.75.
⚠️ Risk Management: Stick to your stop-loss to avoid sudden reversals. Monitor for volume confirmation and any bounce at key levels.
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