FXS/USDT📊🦅

Here’s a detailed analysis of the FXS/USDT trading data:

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Price & Performance

Current Price: $3.204

24h Price Change: +28.31%

24h High: $3.724

24h Low: $2.386

Trading Volume & Market Activity

24h Volume (FXS): 17.67M FXS

24h Volume (USDT): $56.07M

Technical Indicators📊

MA60 (60-period moving average): $3.115

MA5 (5-period moving average): 6,275.9 (likely in FXS units)

MA10 (10-period moving average): 10,548.3

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Historical Performance

Today: +28.31%

7 Days: -8.17%

30 Days: +35.79%

90 Days: +62.54%

180 Days: -4.30%

1 Year: -63.86%

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Order Book & Market Depth📈📉#

Resistance Depth: Closest resistance observed around $3.226.

BINANCE Order Book:

Ask Price: $3.204

Bid Price: $3.168

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Key Observations

1. Strong Momentum:

The price has surged by +28.31% in the last 24 hours, indicating strong bullish momentum.

Current price above the MA60 ($3.115) signals sustained buying interest.

2. Volatility:

With a wide price range of $2.386 to $3.724, the pair shows high intraday volatility, making it attractive for day traders.

3. Support & Resistance:

Support: Likely around $3.110 (near MA60).

Resistance: At $3.226 (recent high and depth chart levels).

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Indicators to Monitor

MACD: To confirm the strength of the bullish trend.

Bollinger Bands: To assess potential breakout zones or overbought conditions.

SAR (Parabolic SAR): To identify trend reversals.

Trading Insights

Short-term Strategy: If the price consolidates near $3.2, it could present a breakout opportunity above $3.226.

Risk Management: Monitor support at $3.110 closely, as a breakdown could trigger a correction#BinanceLabsBacksUsual

Let me know if you’d like additional details, such as indicator calculations or chart visualization!

#FXS/USDT #BinanceLaunchpoolBIO #Write2Earn #BTCNextMove

$FXS