🚀 Technical Analysis: $FXS

/USDT - Watch the Key Levels 🚀

The FXS/USDT pair has surged with a +23.59% increase, hitting a high of $4.639 in the last 24 hours. Let’s break down the key levels and targets to watch for in this trend!

Current Price: $4.62

1 Hour Change: +1.96%

🔍 Key Support and Resistance Levels: 1️⃣ First Target - $4.80:

A potential breakout could send the price towards this level. Watch for momentum to push past $4.70 for confirmation.

2️⃣ Second Target - $4.40:

A pullback to this support level could be a buying opportunity if the price holds above this mark, providing a strong base for further movement.

3️⃣ Third Target - $3.60:

If a reversal occurs, look for this level as a potential low point for a retracement. A bounce from here could suggest further upward momentum.

📈 Trade Strategy:

Watch for breakouts and pullbacks around these targets. FXS/USDT is showing strong movement, but be mindful of price action at these key levels!

Stay tuned for more updates as the market unfolds!

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