$FXS /USDT Market Update 🚀
Current Price: $3.197 (+26.71%)
Frax Share (FXS) has experienced a strong rally, rising from $2.386 to a high of $3.724, demonstrating robust bullish momentum. The price is currently consolidating near the $3.20 level.
Key Levels to Watch:
📈 Resistance: $3.724 (recent high)
📉 Support: $3.000
Trading Strategy:
A breakout above $3.724 could push prices toward $3.900.
Consider partial profit-taking near $3.700 to secure gains.
Place a Stop Loss at $3.000 to manage downside risks effectively.
FXS shows strong upward potential, but consolidation near resistance levels could bring volatility.