🔻 $FXS /USDT – Pullback After 24H High Rejection! Bearish Setup in Play! 🔻

Current Price: $3.165 (+5.25%)

$FXS just tested the resistance zone at $3.21–$3.22 but couldn't hold, showing signs of a potential local top. A clear rejection candle is forming, hinting at a short-term reversal.

🔍 Key Levels:

Resistance:

🔸 $3.210 – $3.220 (24H high zone)

Support:

🔹 $3.120

🔹 $3.050

🐻 Short Trade Idea:

Entry Zone: $3.160 – $3.190

🎯 TP1: $3.050

🎯 TP2: $2.980

🛑 Stop Loss: $3.235

📊 Market Take:

FXS surged over 5% but couldn’t maintain momentum. Sellers are stepping in near the highs, triggering a potential reversal — ideal for intraday shorts.

💡 Pro Tip:

Look for a breakdown below $3.12 to confirm bearish pressure. Great chance for quick scalps if momentum shifts downward!

📉 Bulls are losing steam — bears might just take the wheel!BinanceAlpha$1.7MReward#EthereumSecurityInitiative #BinanceAlphaAlert #LaunchpadWars #BinanceAlphaPoints