🔻 $FIS
USDT – BEARS DOMINATE AS PRICE HITS CRUCIAL SUPPORT
FISUSDT has faced continuous selling pressure on the 1H chart, breaking down to test key support levels with little sign of immediate reversal. Bears remain in control as the trend forms lower highs and lower lows.
📊 Key Levels:
Resistance: $0.0830 – $0.0850
Support: $0.0796 (immediate) and next support near $0.0770
Current Price: $0.0799
🎯 Trade Setup (Short Entry):
Entry: $0.0800 – $0.0805
Take Profit Targets:
➔ TP1: $0.0785
➔ TP2: $0.0770
Stop Loss: $0.0820
📉 Market Outlook:
The bearish structure remains intact with the price unable to sustain above $0.0830 resistance. If $0.0796 fails to hold, expect accelerated downside towards $0.0770 in the coming sessions.
⚠️ Risk Management:
Always trade with a defined stop loss. Risk only 1–2% of your capital per trade. Avoid over-leveraging in fast breakdowns to protect your account equity.
💬 Do you think FIS can bounce back from this zone or will bears keep dragging it down? Share your analysis below!
#FIS #CryptoAnalysis" #BearishTrend #AltcoinSetup #TradingStrategy
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