$FIS / USDT โ Heavy Selling Spike but Holding Strong โ Potential Dip Buy Opportunity? ๐
๐ Timeframe: Intraday Play
๐ Pair: $FIS/USDT
๐ Current Price: $0.1635
๐ฐ Volume (last 33s): 50.09K โฎ
โโโข Buy: 2.68K โฎ (5%)
โโโข Sell: -47.41K โฎ (95%)
๐ Price Action & Momentum:
Price Movement: $0.1633 โ $0.1635 (+0.1% small uptick despite sell wave)
Change:
24h: +5.01%
4h: +1.11%
1h: +0.94%
15m: +0.73%
๐ Selling Pressure Alert ๐จ
Massive sell-off just happened โ 47.41K โฎ in 33s, making up 95% of the recent volume. Yet, the price ticked UP, which could indicate a hidden absorption or spoofing.
๐ฆ Volume Breakdown (24h):
Total Volume: 2.505M โฎ
โโโข Buy: 1.261M โฎ (50%)
โโโข Sell: -1.244M โฎ (50%)
Net Volume Delta:
โโโข 15m: -9%
โโโข 1h: -14%
โโโข 4h: 0% (flattening out = potential base?)
๐ Trade Idea:
๐ฉ ENTRY (High Risk/Reward Reversal Play)
๐ Entry: $0.1630 โ $0.1635
๐ฏ Target 1: $0.1660 (short scalp)
๐ฏ Target 2: $0.1690 (trend continuation if momentum builds)
๐ก๏ธ Stop-Loss: $0.1615 (tight SL below key micro support)
๐ก Rationale: Despite an aggressive sell candle, price is holding and even slightly ticking up. This could be an early sign of smart money accumulation on the dip. Monitor for buyback or reversal candle on lower timeframes (1โ5min).
๐ฅ EXIT STRATEGY
โ Exit if:
โข Price drops below $0.1615 with continued sell pressure
โข No bounce after 15m; exit flat/slightly red
โข Sell volume continues to dominate next 1h
๐ข Alerts Triggered:
โ 24h Alert
โ 4h Alert
Stay nimble. If buyers donโt step up soon, this could flush. But for now, it's a potential scalp opportunity on volume imbalance & price resilience.
๐ง DYOR | Not financial advice. Watch order books & volume delta closely.