✳️Frax Share | 1D TF | Jan 16 | #FXS $FXS

FXS spent 2/3 of a year to move sideways between 4-8$ zone, and it has just broken up the 8$ zone yesterday. This is a great sign!
Our forecast about FXS movements in next days :
- Test 8$ zone again
- Move upward to 12$
- Move upward to 18$

Back-up plan: If selling pressure at 8$ is too strong, FXS will drop hard