🚨$FXS
FXSUSDT
Prep
0.6724
-3.05%
BEARISH SETUP: DOWNSIDE PRESSURE INCREASING
$FXS is showing bearish signs after failing to sustain above the 0.708–0.720 resistance zone. Price is currently testing support at 0.683, and a breakdown below this level could accelerate the decline toward key lower supports. Technical indicators indicate weakening bullish momentum, favoring continuation of the bearish trend.
Entry: Short below 0.683 support
Targets:
TP1: 0.660
TP2: 0.640
TP3: 0.620
Stop Loss: Above 0.720 resistance
Risk Management: Risk 1–2% per trade; scale out partially at each target to protect profits.