$FIS /USDT Current Price: $0.1306 - Breakout After Consolidation, Long Trade Setup

Price: $0.1306

24h Change: +11.27%

24h High: $0.1322

24h Low: $0.1137

24h Volume: Approximately $17.4 million

Market Cap: Approximately $15.3 million

Circulating Supply: Approximately 117.8 million FIS

Technical Analysis:

Trend: StaFi has recently broken above key resistance levels, signaling renewed bullish momentum.

Resistance Levels: Immediate resistance at $0.132, with potential to test higher levels if momentum persists.

Support Levels: Immediate support around $0.125, with further support at $0.120.

Trade Setup:

Entry Zone: $0.125 – $0.128

Target 1: $0.135

Target 2: $0.145

Target 3: $0.155

Stop Loss: Below $0.120

Risk Management:

Limit risk to 2% of your capital.

Move stop loss to entry once Target 1 is hit, and lock partial profits on the way up.

Market Sentiment:

The recent surge in FIS's price indicates strong buying interest and a shift in market sentiment towards bullishness. However, it's essential to monitor for any signs of reversal or consolidation.

Conclusion:

StaFi has demonstrated impressive gains, supported by robust technical indicators and increasing trading volume. Traders should remain vigilant, adhering to the outlined trade setup and risk management strategies