Today's Trading Signals for Frax Share

Action: Buy $FXS

Entry: $3.50 - $3.60

TP1: $3.80

TP2: $4.20

SL: $3.30

DCA: $3.30 and $3.10

Market Sentiment: FXS has shown a 16.5% increase over the past 7 days and a 54.2% rise over 14 days, indicating strong bullish momentum.

Volume: With a 24-hour trading volume of $65M, there’s significant activity supporting the current price movement.

Risk Management: Use the stop loss at $3.30 to limit downside risks. Consider Dollar-Cost Averaging (DCA) at $3.30 and $3.10 in case of retracements.

Potential: The next resistance level is near $3.80. If it breaks, FXS could target the $4.20 region, aligning with previous local highs.

$FXS

Trade at your own risk. DYOR.

#ETHOnTheRise #FXS #ETHOnTheRise #XRPReclaimsTop3 #NFTIsBack