$FIRO
/USDT Technical Analysis 🚀
Price: $2.195 | 24h High: $2.814 | 24h Low: $2.073
The current market trend for FIRO/USDT shows a slight pullback after hitting a high of $2.814 earlier in the day. Let’s dive into some key technical levels and potential targets.
Key Targets 🎯
1. Target 1: $2.40
A strong support zone at $2.40 could act as a short-term reversal point. If FIRO finds support here, we may see a retest of higher levels.
2. Target 2: $2.60
A break above $2.50 could trigger a move toward $2.60. This level aligns with a recent resistance point, making it an important area for price action.
3. Target 3: $2.80
If the market continues to trend bullishly, $2.80 remains a critical resistance level. Watch for any breakout above this area for potential upward momentum.
Trading Insights 🔍
Current Trend: Slight bearish retracement
Volume: Healthy trading volume with FIRO maintaining significant liquidity
Next Steps: Traders should keep an eye on support and resistance levels, particularly $2.40, $2.60, and $2.80 for potential breakouts or reversals.
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This post highlights the technical analysis with clear targets for traders and investors to follow on Binance.