Technical analysis by CryptoAnalystSignal about Symbol FXS: Buy recommendation (5/21/2025)

#FXSThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel, which is support at 3.70.We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 3.75First target: 3.96Second target: 4.13Third target: 4.37