$FIS /USDT Trade Setup
General Overview:
24h Price Change: +32.78% (strong upward momentum)
24h Volume (FIS): 71.93M (high volume, good liquidity)
24h Low/High: $0.1908 / $0.2848 (wide range, current price nearing high)
Bullish Scenario:
If FIS continues to climb:
Entry Zone: $0.2706 - $0.2750 (current price or minor pullback)
Stop Loss: $0.2666 (below the recent low/support)
Target Levels:
TP1: $0.2800 (near recent high)
TP2: $0.2848 (24h high)
TP3: $0.2900 (psychological level)
Conditions to Watch:
Volume Confirmation: A strong increase in volume can confirm continued bullish momentum.
RSI: RSI above 50 or approaching overbought territory would show continued strength.
Bearish Scenario:
If the price starts to retrace:
Entry Zone: $0.2666 - $0.2600 (if price pulls back)
Stop Loss: $0.2750 (just above recent resistance)
Target Levels:
TP1: $0.2600 (support zone)
TP2: $0.2500 (next support level)
TP3: $0.2400 (stronger support)
Conditions to Watch:
Volume Decrease: A drop in volume could indicate the current trend is losing strength.
RSI: RSI dropping below 50 might suggest weakening momentum.
Key Levels to Watch:
Summary:
Above $0.2706 = Bullish bias, targeting $0.2800 - $0.2848
Below $0.2666 = Bearish bias, targeting $0.2600 or lower
Let me know if you need more details or have any questions!
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