#FIO $FIO @FIO Protocol The 1-hour chart for the FIO/USDT pair shows an increase of +11.14%, with the current price at $0.01217. The maximum in the last 24 hours was $0.01347, and the minimum was $0.01086, highlighting strong volatility. The traded volume is also high: 370.44 million FIO, which demonstrates strong market interest.
The moving averages reinforce an overall positive scenario but with warning signs:
• MA(7): 0.01250
• MA(25): 0.01212
• MA(99): 0.01080
The current price has broken below the MA(7) and is testing the MA(25) as support, which may indicate a temporary loss of buying strength. If it breaks the MA(25), the asset may seek support lower down, at the MA(99), around $0.0108.
The volume peaked significantly during the rise, but in the last few hours, it has decreased, showing less buying pressure.
RSI indicators:
• RSI(6): 41.71
• RSI(12): 51.85
• RSI(24): 58.13
The RSI(6) is already below 50, suggesting a possible weakening of the uptrend in the very short term.
Conclusion: FIO/USDT is undergoing a correction after a strong upward movement. The loss of the MA(7) and the RSI below 50 reinforce this scenario. The MA(25) may serve as immediate support, but it is important to monitor the volume and behavior around $0.012 to define the next move.
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