$FXS

FXS/USDT Technical Analysis: Current Price at 3.616

FXS is currently trading at 3.616 USDT, and here’s an overview of the critical levels shaping its next move:

🔑 Support at 3.500 USDT: This level is providing strong support for FXS. A break below 3.500 USDT could signal further downside, with 3.300 USDT as the next support zone to watch.

🔑 Resistance at 3.700 USDT: For bulls to gain momentum, FXS needs to break above this level. A successful breakout could propel the price toward 3.900 USDT, opening the door for further upside potential.

💡 Entry Strategy: Look for a break above 3.700 USDT to initiate long positions, targeting 3.900 USDT. Conversely, if the price falls below 3.500 USDT, short positions toward 3.300 USDT could be viable.

⚖️ Risk Management: Protect your trades with stop-loss orders just below 3.500 USDT to mitigate risk in case of a breakdown.

Monitor these levels closely and stay prepared to capitalize on the next move!

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