📈LONG: $FXS (1W)
#FXSUSDT | #FXS | #FraxShare
Current Price $3.75
Market Cap $301.15M
Change 1h -0.11% | 24h -7.75%
Weekly Indicators:
• RSI: 29 - Oversold 🔴
• MACD: -1 - Bearish 🔴
• EMA: 6.19 - Below 🔴
Analysis:
$FXS/USDT is seeing new lows on the weekly timeframe. We're expecting it to dip below $3.78 before bouncing back up. This could be a great opportunity to add spot and go long on $FXS after the bounce.
Price Targets:
Look for a potential entry around $3.78. The upside targets to consider post-bounce are $6.028, $7.791, $9.03, $10.268, $11.8, and up to $14.277. Happy trading!