Unusual Activity on $FXS !
A whopping 605K USDT traded in just 8 minutes (11% of daily volume) at $4.04! Price up 1.38%!
Are the bulls charging for a breakout? Keep an eye on this action!"
Important Details:
1. Unusual Volume: 605K USDT traded in 8 minutes, showing heightened activity and market interest.
2. Current Price: $4.04, up 1.38%, signaling bullish momentum.
3. 24H Volume: 6.09M USDT — strong overall market participation.
Next Move:
If Bullish (Price Keeps Rising): Buy if the price breaks and holds above the resistance level with strong volume.
If Bearish (Price Drops): Be cautious and look to sell if the price falls below support.
Support and Resistance Levels:
Support: $4.00 (a key level where buyers may step in).
Resistance: $4.10 (price must break this level for further upward momentum).
Final Suggestion:
Buy if $FXS breaks and holds above $4.10 with strong momentum and volume.
Sell if the price fails to sustain above $4.04 and starts moving toward $4.00.
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