#FXSUSDT Remains Stable Amid Market Turmoil 🌀
đź’Ž#FXSUSDT has showcased remarkable stability compared to most altcoins, many of which have experienced significant drops. This resilience demonstrates the strength of #FXS and the persistent buying pressure that remains robust. From a technical standpoint, the price recently experienced a notable rejection from the demand zone, which was further validated by the Volume Profile support.
đź’ŽFollowing this rejection, a break above the trendline occurred, yet the price encountered resistance at a minor supply area. However, during the current pullback, the 78.6% Fibonacci support at $5.84 held firmly, enhancing the likelihood of a short-term uptrend.
đź’ŽOverall, as long as the price remains above the Volume Profile support, the MCP team anticipates a rise towards the 78.6% Fibonacci resistance at $6.68. This presents a potential rapid price increase of 15%.
Stay attentive, Paradisers, as #FXSUSDT may be primed for a bullish surge amid the ongoing market turbulence! 🌴
đź’ŽFollowing this rejection, a break above the trendline occurred, yet the price encountered resistance at a minor supply area. However, during the current pullback, the 78.6% Fibonacci support at $5.84 held firmly, enhancing the likelihood of a short-term uptrend.
đź’ŽOverall, as long as the price remains above the Volume Profile support, the MCP team anticipates a rise towards the 78.6% Fibonacci resistance at $6.68. This presents a potential rapid price increase of 15%.
Stay attentive, Paradisers, as #FXSUSDT may be primed for a bullish surge amid the ongoing market turbulence! 🌴
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