$FXS is in consolidation mode with a bullish tilt.
Volume is solid (7.45M), and a nice bounce from 0.66 shows buyer interest. However, while spot flows are turning positive, futures net flow remains heavily negative—suggesting leveraged traders are de-risking.
Proceed with caution. 🚀
📊 Trade Idea: $FXS Long
Entry: Pullback to 0.665 – 0.675 (MA5 zone) or a breakout above 0.698.
Targets: TP1: 0.733 (Resistance)
TP2: 0.837 (Upper Bollinger Band)
Stop Loss: 0.648 (Below 24h low)
Bottom Line: Spot buying is the backbone here, but negative futures flow is a warning. Trade the levels, don't chase the candle! 🎯💛
#FXS #FraxShare #squarefamily
