$FIRO /USDT Consolidation After Rally Key Levels to Watch #FIRO is trading at $2.427, up +21.65%, after reaching a 24-hour high of $2.660 and a low of $1.991. The RSI at 41.72 indicates neutral momentum, while the MACD shows signs of consolidation.
Key Levels to Watch:
Resistance: $2.500 – A breakout above this level could lead to $2.600 and $2.660.
Support: $2.400 – Holding this level is crucial to maintain bullish momentum. A breakdown below may test $2.300 and $2.200.
Trade Setup:
Long Entry: Above $2.450, targeting $2.550 and $2.660.
Short Entry: Below $2.400, targeting $2.300 and $2.200.
Stop-Loss: $2.420 for longs or $2.430 for shorts.
Market Insight:
FIRO is consolidating after a strong rally, with traders awaiting a breakout or breakdown from current levels. The volume has decreased, signaling caution as the next move develops. Watch for clear price action around $2.400 for direction.