After a turbulent year (-65% YTD), $FIS is making waves today with a "+58.85% rally" to "$0.122". Volume hit "143M FIS". Traders are showing massive interest!
🔍 Quick Background:
$FIS powers "StaFi", a protocol that helps users earn staking rewards while keeping assets tradable. Popular in 2021, but down bad lately.
🔍 Behind the Pump:
Short-term momentum is strong (+46% in 7 days), but long-term trends remain bearish MA(7) at $0.1828 > current price. Support sits at "$0.0757" (24h low), while resistance is "$0.1380".
📈 "Short-Term Hope":
It’s up 46% this week, showing strong momentum. If it stays above "$0.122", it might climb further.
⚠️ "But Be Careful":
Long-term, $FIS is still down "-72% (6 months)" and "-65% (1 year)". Today’s surge could be temporary. Trade wisely because this could be a correction, not a reversal.
💭 "Will It Recover?"
"Maybe short-term" if buying continues.
"Long-term recovery? Not yet". It needs to break past "$0.138" and hold gains.
Trade smart! Set price alerts and stop losses.
Honest Review has been provided. If you are thrill trader then click the Chart for real time Updates. 👇
#FIS #crypto #trading #volatility #BİNANCE