๐ Current Price: $1.451 (-0.07%) ๐ Market Trend: Bearish rejection after a strong pump, indicating potential correction. ๐ Support Levels: $1.4200 - $1.4000 ๐ Resistance Levels: $1.4700 - $1.5000 Trade Setup ๐ฏ Targets: TP1: $1.4300 โ TP2: $1.4100 TP3: $1.3800 ๐ Stop Loss: $1.4750 ๐ Market Insight: Price surged but is now facing strong resistance at $1.4700+. Lower highs forming, suggesting a potential retracement. If price loses $1.4400, further downside acceleration is likely. ๐ฅ Pro Tip: Best short entry around $1.4600 - $1.4700 for an optimal risk-reward ratio. Monitor volume โ increasing sell pressure could push price lower. Use a trailing stop to lock in profits as price nears support zones. โ ๏ธ Risk Management: Maintain a 2:1 risk-reward ratio. Exit if price reclaims $1.4800 with strong buy volume. ๐จ Bearish Confirmation โ SHORT POSITION ACTIVE! #FXS #UkraineRussiaCeasefire #MarketRebound #TheBitcoinAct
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
๐ป $FXS /USDT Short Trade Alert ๐ป
๐ Current Price: $1.451 (-0.07%)
๐ Market Trend: Bearish rejection after a strong pump, indicating potential correction.
๐ Support Levels: $1.4200 - $1.4000
๐ Resistance Levels: $1.4700 - $1.5000
Trade Setup
๐ฏ Targets:
TP1: $1.4300 โ
TP2: $1.4100
TP3: $1.3800
๐ Stop Loss: $1.4750
๐ Market Insight:
Price surged but is now facing strong resistance at $1.4700+.
Lower highs forming, suggesting a potential retracement.
If price loses $1.4400, further downside acceleration is likely.
๐ฅ Pro Tip:
Best short entry around $1.4600 - $1.4700 for an optimal risk-reward ratio.
Monitor volume โ increasing sell pressure could push price lower.
Use a trailing stop to lock in profits as price nears support zones.
โ ๏ธ Risk Management:
Maintain a 2:1 risk-reward ratio.
Exit if price reclaims $1.4800 with strong buy volume.
๐จ Bearish Confirmation โ SHORT POSITION ACTIVE!
#FXS
#UkraineRussiaCeasefire #MarketRebound #TheBitcoinAct