FXS/USDT ๐ ๐ฆ
The comprehensive FXS/USDT analysis based on the given data:
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Price & Performance
Current Price: $3.204
24h Change: +28.31%
24h High: $3.724
24h Low: $2.386
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Trading Volume & Market Activity
24h Volume (FXS): 17.67M
24h Volume (USDT): $56.07M
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Technical Indicators ๐
MA60 (60-period moving average): $3.115
MA5 (5-period moving average): 6,275.9 (volume-based)
MA10 (10-period moving average): 10,548.3
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Historical Performance๐๐
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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Market Depth & Order Book
Resistance Level: $3.226
Support Level: $3.110 (close to MA60).
BINANCE Volumes:
Volume: 10,083.7
Ask Price: $3.204
Bid Price: $3.168
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Key Observations
1. Bullish Momentum:
With a +28.31% price surge, FXS shows strong buying pressure.
Current price above MA60 indicates upward trend strength.
2. High Volatility:
A large intraday range ($2.386 to $3.724) creates trading opportunities for both day and swing traders.
3. Support & Resistance:
Support: Likely at $3.110 (near MA60).
Resistance: Near $3.226, a level to monitor for breakout potential.
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Indicators to Monitor
MACD: For trend confirmation and divergence spotting.
Bollinger Bands: To detect overbought/oversold zones or volatility spikes.
Parabolic SAR: To identify trend reversals or continuation signals.
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Trading Insights
Short-term Strategy: If the price consolidates near $3.2, a breakout above ($3.226 could lead to a test of the recent hi$3.724).
Risk Management: Keep an eye on $3.110 as a key support level. A break below may signal weakening momentum.
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