FIRO/USDT Rallies Towards Resistance – A Crucial Moment Unfolds

FIRO

1.739

-3.97%

$FIRO/USDT is currently trading at $1.811, showing strong bullish momentum after bouncing off support near $1.753. The price is approaching a 24-hour high of $1.840, suggesting a breakout could occur if buying pressure persists.

The Relative Strength Index (RSI) at 74.72 indicates that the market is approaching overbought territory, suggesting that traders should be wary of a potential pullback. An entry point near the current price could benefit from the ongoing momentum, but risk management is necessary as the price approaches a crucial area. This could set the stage for the next big move in FIRO’s short-term trend.