$FIRO
/USDT Technical Analysis: Key Price Targets đŻ
FIRO/USDT has been showing strong bullish momentum, currently trading at $2.608, up by +24.43% in the last 24 hours. With a 24-hour high of $2.750 and a low of $2.073, this pair is experiencing significant volatility, and traders are watching closely for further developments.
đ Key Price Targets:
1. $2.750 â Resistance Level: This is the recent 24-hour high, and if FIRO/USDT can break above this resistance, we may see further upside potential towards $3.00.
2. $2.500 â Support Level: A key support zone. If the price dips towards this level, watch for potential bullish reversals or consolidation.
3. $2.073 â Critical Low: The recent low provides a strong support foundation. If the price retraces to this level, it could present an opportunity for buying, assuming the overall market trend remains bullish.
Volume Analysis:
24h Volume (FIRO): 7.09M
24h Volume (USDT): 17.33M These strong volume figures indicate significant trading activity, supporting the current bullish trend.
đ Trading Strategy:
Short-Term Traders: Keep an eye on the 15-minute and 1-hour charts for breakouts above resistance levels and potential reversals near support.
Long-Term Holders: Watch for sustained price movement above $2.750 for confirmation of a continued bullish trend.
Stay tuned for more updates as the market evolves. Always ensure you're making informed trading decisions and managing risk.
Let me know if you need any adjustments or further details!