$FIRO /USDT Technical Analysis & Trade Signal👍👍🔥🔥🚀🚀🚀
Current Price: $2.426 (up 16.63%)
24h High: $2.550
24h Low: $2.052
Key Technical Indicators
Support Levels: $2.052 (24h low), $2.00
Resistance Levels: $2.550 (24h high), $2.65
Momentum Analysis
FIRO is currently in an uptrend, with a significant price increase of 16.63% over the last 24 hours. However, the momentum appears to be cooling off slightly, with some negative movement observed in the short-term timeframes:
15m: -8.158%
1h: -6.13%
4h: -2.056%
1D: -9.438%
Despite these pullbacks, the overall upward movement is still strong, suggesting that the market might be in a consolidation phase before another breakout.
Trade Signal & Target Levels
Entry Point: $2.426 (current price), or wait for a minor pullback around $2.35 if looking for a better entry.
Target Levels:
Target 1: $2.50 – The price could reach this level if it consolidates around the $2.40 range.
Target 2: $2.55 – This is the 24-hour high, and the price may retest it if the bullish momentum persists.
Target 3: $2.65 – If the price breaks above $2.55, a strong bullish move could bring the price toward this next resistance level.
Stop-Loss: Consider setting a stop-loss around $2.20 to protect against a larger price pullback below the key support at $2.20.
Trade Momentum
FIRO is showing bullish momentum overall, but some short-term pullbacks could occur. Monitoring the price near the support levels for potential re-entry could be a good strategy.
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