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$FIRO (FIRO/USDT) Technical Analysis!🔥💯

The $FIRO /USDT chart on the 30-minute timeframe shows a clear breakout above resistance at $2.20, now trading at $2.264 (+1.8%). This upward momentum indicates bullish strength, backed by increased volume. A retest of the $2.20 level could provide a favorable long entry opportunity, aiming for a target of $2.35. For risk management, a stop-loss should be placed slightly below $2.18, ensuring protection against a false breakout.

On the other hand, a short position could be considered if FIRO fails to sustain above $2.30 and closes below $2.20, signaling a potential reversal. In this scenario, the short target would be $2.05, with a stop-loss placed above $2.32.

Patience is key—wait for confirmation before entering either position. The market appears to favor bulls, but monitoring key levels like $2.20 and $2.30 is crucial to adapt your strategy.

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