FIS Token Surges 21% Amid Bullish Signals and High Leverage Trading on Binance

FISUSDT has experienced significant volatility in the past 24 hours, with the price rising 21.14% to $0.1232 on Binance. This sharp increase follows a period of pronounced bearish sentiment and a recent price drop, as highlighted by social media and trading platform discussions referencing a nearly 9% decline and strong selling pressure earlier in the week. The recent price rebound may be attributed to technical signals such as a bullish MACD crossover and a 50-day SMA crossing above the 200-day SMA on the 4-hour chart, which could have triggered renewed buying interest despite the preceding downtrend. Additionally, the introduction of high leverage trading and increased liquidity may have contributed to heightened market activity and price swings.

Currently, FISUSDT is trading at $0.1232 with a 24-hour volume of 9.30 million USDT on Binance, and the market capitalization is estimated between $11 million and $15.5 million, reflecting active trading and ongoing volatility in the market.