$FXS /USDT had a clean run… and now it’s catching its breath.

Price climbed strongly from the 0.64 area, topped out near 0.70, and then cooled off without panic. That’s healthy. The pullback was controlled, not aggressive, and now FXS is hovering around 0.68, printing balanced candles.

This zone feels like digestion, not distribution. As long as 0.67 holds, the structure stays constructive. Sellers aren’t pressing, and buyers are still defending the trend.

If FXS can reclaim 0.69–0.70, continuation is back on the table. Until then, patience matters more than prediction.