$FXS /USDT: Bullish Momentum Gaining Steam? š
The FXS/USDT pair on Binance is trading at $3.177, showing promising signs of an uptrend. With higher highs and higher lows shaping the chart, bullish sentiment is firmly in play. š
š Key Levels:
Support: $3.20 and $3.15 ā Strong zones where buyers have repeatedly stepped in, offering potential entry points.
Resistance: $3.30 and $3.35 ā A breakout above these levels could open the door to the 24-hour high of $3.72.
šÆ Trading Strategy:
For Bulls: Consider entering on a breakout above $3.30, with potential targets at $3.50 and higher.
For Bears: Look for a drop below $3.20 to set up short positions, targeting $3.10.
š„ Outlook:
With trading volume surging (18.6M FXS in 24 hours), FXS/USDT is buzzing with activity and ripe for a decisive move. Stick to your plan, use tight stop-losses to manage risk, and let the trend guide your trades. š
