BUYERS RECLAIM THE INITIATIVE ā MOMENTUM BUILDING ā”
š Price: $0.679 (+4.14%)
Traders, $FXS /USDT is showing gradual upward momentum, with buyers stepping in steadily after a brief consolidation. This controlled move indicates potential continuation toward higher resistance levels, making pullback entries attractive.
š¹ Market Analysis:
Price Action: Smooth green candles with shallow pullbacks show buyers absorbing sell pressure efficiently.
Market Structure: Higher lows forming on short timeframes confirm a constructive trend.
Support & Resistance:
Support zone: 0.667 ā 0.673
Resistance zone: 0.690 ā 0.698
Momentum & Volume: Volume rising alongside price confirms genuine buying participation, supporting continuation probability.
š Trade Setup ā Pullback & Continuation:
ā Entry Zone:
Pullback entry: 0.673 ā 0.677
Aggressive continuation entry: 0.679 ā 0.681 (tight risk only)
šÆ Target 1: 0.690
šÆ Target 2: 0.698
šÆ Target 3: 0.710 (if bullish momentum accelerates)
š Stop-Loss:
Below 0.664 (breaks higher-low structure)
ā ļø Risk Management:
Risk 2ā3% max per trade
Avoid chasing candles at highs
Take partial profits at resistance
Trail stop if price sustains above 0.698
š„ Summary:
FXS/USDT is in a controlled bullish expansion phase, with structure supporting continuation. Pullback entries provide high-probability setups and favorable risk/reward, as long as support holds.

