$FXS The RSI is at 67.26, close to the overbought zone. However, it has not yet exceeded the 70 level, which indicates that the trend may continue.
The MACD indicator has made a positive intersection and is showing upward momentum. This could support the continuation of the uptrend.
Volume: A significant increase in volume is observed during the Ascent. High volume indicates that this move is strongly supported. The Stochastic RSI is at 100, meaning it is in the overbought zone. This may indicate that profit taking may be coming in the short term. $FXS is showing a strong uptrend. However, there may be a risk of correction in the short term due to overbought indicators. In this case, support levels 3.10 and 2.63 can be monitored. If the rise continues, the next resistance point may be at 4.00 levels. NOT INVESTMENT ADVICE #ChristmasMarketAnalysis #BTC #FXS