๐ Short Entrey Zone: $1.550 - $1.570 ๐ฏ Targets: TP1: $1.520 TP2: $1.500 TP3: $1.470 ๐ Stop Loss: $1.580 ๐ Key Levels: Resistance: $1.570 - $1.580 (potential rejection area) Support 1: $1.520 (initial profit-taking level) Support 2: $1.500 (critical psychological support) Support 3: $1.470 (major downside target) ๐ Market Insights: Massive pump followed by consolidation signals potential distribution at the top. Signs of buyers' exhaustion could lead to a retracement. A break below $1.520 may confirm a shift in momentum toward deeper support zones. ๐ก Pro Tip: Monitor price action near $1.520; if weakness persists, expect a stronger drop. Trailing stop is advised to protect profits as price moves lower. ๐จ Risk Management: Stick to the stop-loss, and manage position sizing to avoid excessive exposure in case of market reversals! $FXS #FXS #FollowTheLeadTrader
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$FXS /USDT Short Trade Signal! ๐ฅ
๐ Short Entrey Zone: $1.550 - $1.570
๐ฏ Targets:
TP1: $1.520
TP2: $1.500
TP3: $1.470
๐ Stop Loss: $1.580
๐ Key Levels:
Resistance: $1.570 - $1.580 (potential rejection area)
Support 1: $1.520 (initial profit-taking level)
Support 2: $1.500 (critical psychological support)
Support 3: $1.470 (major downside target)
๐ Market Insights:
Massive pump followed by consolidation signals potential distribution at the top.
Signs of buyers' exhaustion could lead to a retracement.
A break below $1.520 may confirm a shift in momentum toward deeper support zones.
๐ก Pro Tip:
Monitor price action near $1.520; if weakness persists, expect a stronger drop.
Trailing stop is advised to protect profits as price moves lower.
๐จ Risk Management: Stick to the stop-loss, and manage position sizing to avoid excessive exposure in case of market reversals!
$FXS
#FXS
#FollowTheLeadTrader