๐จ $FXS/USDT Trading Signal ๐จ
$FXS
$3.134
+27.55%
๐ก Signal Type: Long Position
๐ Timeframe: 4H Chart $FXS
๐ Key Levels to Watch:
Support: $2.90 โ Holding above this level confirms bullish momentum.
Resistance: $3.20 โ A breakout could propel the price higher.
๐ฏ Trade Setup:
Entry Zone: $3.10 - $3.12
Take Profit Levels (TP):
1๏ธโฃ TP1: $3.30 (+5.3%)
2๏ธโฃ TP2: $3.50 (+11.4%)
Stop Loss (SL): $2.85 (-8.5%)
๐ Market Insight:
$FXS has seen a strong surge of 27.55% in the last 24 hours, indicating an ongoing bullish trend. The price is holding above the key support level at $2.90, and with resistance at $3.20, a breakout could lead to further gains toward $3.50.
๐ก Strategy Recommendation:
Enter near the current levels for a potential long trade.
Secure partial profits at TP1, and hold for TP2 if upward momentum continues.
Set your stop-loss below the support level to manage risks.
๐ข Pro Tip: Ensure you have a solid risk management strategy in place as price action may fluctuate before the breakout.