🚨 FIRO/USDT BREAKOUT OR BREAKDOWN? CRITICAL LEVELS TO MONITOR! 🚨
FIRO/USDT is trading at $2.275, up 38.21%, with notable price swings between a low of $1.644 and a high of $4.080 over the past 24 hours. The market is showing increased activity, but the chart signals pivotal decision points.
Key Levels to Watch:
Resistance: $2.918 – A breakout here could propel FIRO toward $3.200 or higher, attracting buyers.
Support: $2.237 – Losing this level may trigger a retest of $2.000, with further downside potential toward $1.800.
Entry Strategies:
Long-Term Entry:
Entry Point: Above $2.300 (confirming upward momentum).
Targets: $2.600, $2.900.
Stop Loss: Below $2.100 to limit downside risk.
Short-Term Entry:
Entry Point: Near $2.250 (on pullback).
Targets: $2.400, $2.500.
Stop Loss: Below $2.200 to avoid deeper corrections.
Market Insights:
The EMA(99) at $2.398 acts as a dynamic resistance, suggesting caution until a breakout is confirmed. FIRO’s recent volume spike indicates heightened interest but also increased volatility.
Manage your trades carefully, keeping an eye on these critical levels as the market prepares for its next significant move!
#CryptoSignals #TradingStrategy #FIRO #RLUSDApprovalBoostXRP #Write2Earn!