$FIS USDT – BEARISH PRESSURE BUILDING AS SUPPORTS GET TESTED!
🔍 TECHNICAL ANALYSIS – BEARISH
Current Price: $0.0982
Timeframe: 1H (Binance)
24h Range: High – $0.1051 | Low – $0.0944
The price is down over 6.5%, forming consistent lower highs and breaking minor supports. The bearish structure is supported by weak recovery attempts and rising sell volume.
⚠️ KEY LEVELS
Support Zones:
$0.0960 – Intraday minor support
$0.0944 – 24h low, next breakdown level
$0.0900 – Major demand zone from previous daily structure
Resistance Zones:
$0.1000 – Psychological resistance now acting as a barrier
$0.1020–0.1040 – Previous consolidation range
$0.1051 – 24h high and the invalidation level for bears
🔴 TRADE SETUP: SHORT
Entry Zone: $0.0985–$0.0995 (small bounce/retest possible)
Stop Loss: $0.1055 (above 24h high and breakdown structure)
Targets:
TP1: $0.0945
TP2: $0.0900
📉 SHORT MARKET OUTLOOK
$FIS is showing strong downside momentum across short and mid-term charts. With the price down nearly 45% in 30 days, the market lacks bullish catalysts. The current lower-highs pattern and failed retests around $0.1000 indicate continued selling pressure.
Volume remains steady on red candles, and unless a sharp reversal breaks $0.1051, the trend favors bears.
🧾 RISK MANAGEMENT
Keep risk per trade under 1–2%
Always use SL above key resistance to protect capital
Watch out for sudden volatility near psychological levels like $0.1000