$FIRO /USDT Consolidation Phase: Potential Reversal? š
FIRO is trading at $2.080, up 6.67%, consolidating after a pullback from the daily high of $2.700. The price is currently testing support, signaling a possible reversal if buyers re-enter the market.
Trade Setup:
Entry Zone: $2.070 - $2.100
Target 1: $2.150 (short-term resistance)
Target 2: $2.250 (retracement high)
Stop Loss: $2.030 (below key support)
Watch for an increase in volume and bullish momentum near $2.080 to confirm a reversal. Manage your risk with a tight stop-loss as the consolidation could lead to further volatility. Prepare for quick price movements!