As of April 28, 2025, StaFi (FIS) is trading at approximately $0.2796, experiencing a significant surge of over 42% in the last 24 hours, with a 7-day gain nearing 98%. This explosive momentum is backed by a trading volume exceeding $74 million, indicating heightened market interest.
š FIS Short Trade Setup ā Targeting $0.24 & $0.21
FIS has recently rallied over 70% from its April lows, breaking out from a 108-day descending resistance trend line. However, the Relative Strength Index (RSI) stands at 74.5, indicating overbought conditions that could precede a short-term correction.
Trade Setup:
Entry Zone: $0.29 ā $0.31
Take Profit 1 (TP1): $0.24
Take Profit 2 (TP2): $0.21
Stop-Loss: Above $0.33
If FIS fails to sustain its upward momentum and breaks below the $0.29 support, a short position targeting the aforementioned levels could be favorable. Monitor for confirmation of a reversal before entering.
š FIS Long Trade Setup ā Targeting $0.35 & $0.42
FIS's breakout from a prolonged descending trend line and its V-shaped recovery pattern suggest strong bullish momentum. The coin is trading above its 5-day, 10-day, 20-day, 50-day, and 100-day moving averages, reinforcing the bullish trend.
Trade Setup:
Entry Zone: On a confirmed breakout above $0.31
Take Profit 1 (TP1): $0.35
Take Profit 2 (TP2): $0.42
Stop-Loss: Below $0.27
If FIS breaks and holds above the $0.31 resistance with increased volume, a long position targeting higher resistance levels could be favorable. Ensure to confirm the breakout before entering and manage risk appropriately.
š Bouncing Points ā The Exciting Zones
Support Levels:
$0.24: Recent support level where FIS found footing before its current move.
$0.21: A psychological level and previous resistance turned support.
Resistance Levels:
$0.31: Immediate resistance that FIS needs to overcome for further gains.
$0.42: A significant psychological barrier and potential profit-taking zone.
Buy and Trade here $FIS