$FIRO /USDT Strong Momentum with Consolidation Signals $FIRO is currently trading at $2.372, up +19.26%, with a 24-hour high of $2.660 and a low of $1.976. The RSI at 49.38 suggests neutral momentum, while the MACD indicates slight bearish pressure. A period of consolidation may precede the next big move.
Key Levels to Watch:
Resistance: $2.480 – A breakout here could push FIRO to $2.550 and $2.660.
Support: $2.280 – Holding above this level is essential to maintain bullish momentum. Below this, FIRO could test $2.180.
Trade Setup:
Long Entry: Above $2.400, targeting $2.550 and $2.660.
Short Entry: Below $2.280, targeting $2.180 and $2.080.
Stop-Loss: $2.300 for longs or $2.250 for shorts.
Market Insight:
FIRO has shown significant volume increases during the recent rally, signaling strong buyer interest. However, the MACD indicates a slowdown, suggesting the possibility of profit-taking or consolidation before the next move. Watch for a breakout or breakdown at key levels to confirm direction.