Market Sentiment: FXS has shown a 16.5% increase over the past 7 days and a 54.2% rise over 14 days, indicating strong bullish momentum.
Volume: With a 24-hour trading volume of $65M, there’s significant activity supporting the current price movement.
Risk Management: Use the stop loss at $3.30 to limit downside risks. Consider Dollar-Cost Averaging (DCA) at $3.30 and $3.10 in case of retracements.
Potential: The next resistance level is near $3.80. If it breaks, FXS could target the $4.20 region, aligning with previous local highs. $FXS {future}(FXSUSDT)