$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

#FIS #CryptoBearish #TechnicalAnalysis #ShortSetup #Binance

$FIS