$FXS
/USDT TECHNICAL ANALYSIS โ BULLS IN CONTROL, CONTINUATION BREAKOUT LOADING ๐
$FXS has delivered a strong impulsive move from the 0.74 demand zone to 0.95, backed by rising volume, indicating aggressive bullish momentum. Price is currently consolidating above the previous resistance near 0.87โ0.90, which now acts as support. This structure suggests a bullish continuation as long as price holds above the breakout base.
๐ TRADE SETUP (LONG)
Entry Zone: 0.90 โ 0.92
Targets:
๐ฏ TP1: 0.97
๐ฏ TP2: 1.05
๐ฏ TP3: 1.18
Stop Loss: 0.83 (Below key support & invalidation zone)
Risk-reward remains favorable as long as price sustains above the 0.87 support.
๐ MARKET OUTLOOK
$FXS remains bullish on intraday and short-term structure, supported by strong buying pressure and higher highs. A clean break and hold above 0.97 can trigger a momentum expansion toward 1.05+. Failure to hold 0.87 may lead to short-term consolidation, but overall bias stays bullish unless 0.83 breaks.