FXS/USDT Break out the Supply or Back to the demand area ??

💎 FXS has recently experienced notable shifts in the market. A week ago, FXS faced a robust rejection upon reaching the Bearish OB area.

💎 The current scenario suggests the possibility of FXS resuming an upward climb to retest the supply area. A successful breakout at this juncture could instigate a bullish momentum, propelling FXS upward significantly and the probability aiming to reach our targeted strong resistance area.

💎 Conversely, if FXS fails to break out, not revisiting the Bearish OB, the price may retreat to the demand area, initiating a new momentum.

💎 The demand area holds immense significance, necessitating a bounce to make subsequent attempts at breaking out the supply and Bearish OB areas. A breakdown at the demand zone signals a bearish turn for FXS, leading to potential downward movement and a return to the robust demand area.