$FXS
Short Position Hit: $2.8925K at $4.13633
A $2.89K short position on FXS (Frax Share) was liquidated as the price climbed to $4.13633, reflecting strong bullish activity in the market.
Market Dynamics:
Bullish Pressure: The price surge indicates buyers are dominating.
Support Zone: $4.00 – Holding above this could signal continued growth.
Upside Potential: If momentum sustains, FXS might aim for the next resistance levels around $4.20.
Strategic Outlook:
The liquidation highlights growing optimism around FXS. Traders should monitor market volumes and key levels to assess whether the bullish trend persists.