$FXS
FXS/USDT – Short Technical Analysis & Trade Plan (1H)
Trend & Structure
Strong impulsive breakout from ~0.74 to 0.98 with high volume → confirms bullish momentum.
Current price (~0.89) is in a healthy pullback / consolidation after the spike.
Price is holding above the Bollinger mid-band (~0.869) → bullish structure intact.
Higher low forming after pullback = bullish continuation setup.
Resistance near 0.95–0.98, support at 0.86–0.87, deeper support 0.80–0.82.
📈 Trade Plan (Swing / Short-term)
Bullish Setup (Preferred)
Entry: 0.86 – 0.88 (pullback & hold zone)
Stop Loss: 0.82 (below structure & MA support)
Targets:
TP1: 0.95
TP2: 1.00
TP3: 1.08 (if momentum continues)
Aggressive Breakout Buy
Entry: Above 0.98 (1H close with volume)
Stop Loss: 0.92
Target: 1.10+
⚠️ Risk Note
Binance warning about upgrade/redenomination → expect high volatility.
Use low leverage or spot, strict stop-loss.
Bias: Bullish as long as price holds above 0.86
If it loses 0.82, structure turns neutral → wait for re-entry.
