$FIRO /USDT: Gaining Momentum with a Bullish Rebound
$FIRO /USDT is trading at 1.587, showcasing a 5.45% increase over the past 24 hours. The price has rebounded strongly from its 24-hour low of 1.475 and is approaching the resistance level at 1.630. The RSI at 76 indicates bullish momentum, albeit slightly overbought, while the MACD confirms sustained buying pressure with a positive crossover.
Traders can consider entering around the current price of 1.587, targeting incremental profits with TP1 at 1.610, TP2 at 1.640, and TP3 at 1.670. A stop loss at 1.540 is recommended to manage risk effectively.
This setup offers a calculated opportunity to capitalize on FIRO’s upward momentum, with tight profit targets and strong risk management. Monitor volume closely for confirmation of a potential breakout above 1.630, which could signal further upside potential.