$FXS /USDT has broken out from its descending channel on the daily timeframe, signaling strong upward momentum. This pivotal breakout confirms a trend reversal, fueled by intensified buying pressure. Price targets are $3.46 and $5.33, indicating near-term and long-term growth. Frax Share's breakout signifies a shift in market sentiment favoring buyers. Investors should monitor progress, consider substantial growth potential and set stop-loss orders. Support ranges from $2.80-$3.20, while resistance lies at $5.50-$6.00. Sources.

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