$FIRO /USDT Bullish Blast with Reversal Risks Ahead #FIRO is trading at $2.241, surging by nearly 12% as momentum drives the price to new highs. However, overbought RSI signals caution for traders eyeing potential reversals.
Key Levels to Watch:
Resistance 1: $2.30
Resistance 2: $2.40
Support 1: $2.20
Support 2: $2.10
Trade Setup (Long and Short):
Long Entry: Above $2.25
Take Profit (TP):
1. $2.30
2. $2.40
3. $2.50
Stop-loss: $2.15
Short Entry: Below $2.20
Take Profit (TP):
1. $2.10
2. $2.00
3. $1.95
Stop-loss: $2.30
Market Insight:
The RSI is soaring at 88, indicating overbought conditions, with a possible pullback as traders lock in profits. A break above $2.30 could lead to extended gains, while failure to hold $2.20 support may trigger a correction toward $2.00.