🚨 FXS Breakout Potential - Are You Ready to Ride the Wave? 🚨

FXS (Frax Share) is showing strong signals for a potential breakout. Analyzing the 4-hour chart, there’s momentum building that traders should watch closely. Here's what to pay attention to:

Resistance Area (qvaH): 🚧 Around $2.286, a critical level to break for further upside.

Immediate Resistance: 🟥 $2.198 is a key level. If FXS pushes past this, we could see more bullish movement.

Support Zones: 🛡 The major support lies around $1.816 (mvaL), with a secondary floor at $1.763.

Point of Control (POC): 📊 The volume profile shows heavy activity near $1.88. This could act as a magnet, pulling price towards it for consolidation.

RSI Momentum: ⚡️ RSI is at 63.37, hinting at bullish strength but nearing overbought territory—watch for potential pullbacks.

➡️ A breakout above $2.06 could trigger aggressive moves. Keep an eye on trading volume for confirmation.

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$FXS