🔴$FXS
FXSUSDT
Perp
0.6757
-4.15%
BEARISH SETUP: DOWNSIDE PRESSURE BUILDING
$FXS is facing resistance near 0.700 and showing signs of a potential bearish reversal. Price is currently testing support at 0.686, and a break below this level could accelerate the decline toward key lower supports. Technical indicators suggest weakening bullish momentum, signaling continuation of the bearish trend.
Entry: Short below 0.686 support
Targets:
TP1: 0.660
TP2: 0.640
TP3: 0.620
Stop Loss: Above 0.700 resistance
Risk Management: Risk 1–2% per trade; scale out partially at each target to protect profits.