🚀 $FIRO /USD: WATCH FOR A POTENTIAL BREAKOUT ABOVE RESISTANCE LEVELS ⚡
The $FIRO /USD pair is currently trading at $2.431, consolidating near key support and resistance levels. Traders should be on the lookout for a breakout, as the price action is setting up for potential movement in either direction.
📊 Trade Scenarios:
Entry Point: $2.431
Take Profit (TP 1): $2.500
Take Profit (TP 2): $2.600
Take Profit (TP 3): $2.700
Stop Loss (SL): $2.350
Support is found at $2.350, and resistance is at $2.500. A breakout above $2.500 could push the price higher towards $2.600 and $2.700. However, if the price drops below $2.350, it could signal a bearish retracement.
📉 Market Outlook:
$FIRO is currently testing key support at $2.350. If the price holds above this level, it could push towards $2.500 and further targets. A breakout above $2.500 will confirm bullish momentum. A drop below $2.350 could suggest a bearish trend, so keep an eye on price action.
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