$FXS /USDT – BULLISH CONTINUATION AFTER STRONG BREAKOUT 🚀
FXS is showing bullish strength despite a pullback, signaling a healthy correction before the next upward move.
After a sharp rally from the 0.69 support to 1.12 high, price is currently consolidating around 0.83, holding above key demand. This retracement looks corrective rather than bearish, indicating buyers are still in control and preparing for another push higher.
📈 Trade Setup (LONG)
Entry Zone: 0.78 – 0.83
Stop Loss: 0.69 (below key support & liquidity zone)
Targets:
TP1: 0.93
TP2: 1.04
TP3: 1.15
Risk-to-reward remains favorable as long as price holds above the 0.69 support zone.
🔍 Technical Notes
Strong impulsive move confirms trend reversal to bullish
Pullback holding above previous resistance turned support
Volume expansion during the breakout supports continuation
Market structure remains higher high & higher low on lower timeframes
🌍 Market Outlook
FXS remains bullish in the short to mid-term. As long as price sustains above 0.69, dips are likely to be bought. A clean break above 0.93 can accelerate momentum toward the 1.04 – 1.15 zone.
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