$FIS /USDT BULLISH BREAKOUT IN SIGHT
Technical Analysis:
FIS/USDT is showing strong bullish momentum as price currently trades at $0.1340 (+3.24%). After bouncing from the recent low of $0.0762, bulls have taken charge, pushing price above key short-term resistances.
Key Levels:
Support Levels:
🔹 $0.1300 (Immediate support)
🔹 $0.1200 (Major support zone)
Resistance Levels:
🔸 $0.1400 (Minor resistance)
🔸 $0.1500 (Major breakout zone)
Trade Setup (Long):
Entry: $0.1340
Take Profit (TP):
TP1: $0.1400
TP2: $0.1500
Stop Loss (SL):
SL: $0.1260 (below recent structure)
Reasoning:
FIS is forming higher highs and higher lows on the 1H/4H chart, supported by increased volume and momentum. If price breaks and closes above $0.1400, it could quickly target $0.1500.
Risk Management:
Risk only 1–2% of your capital per trade. Stick to your SL and don’t chase the trade if the entry is missed. Always protect your capital!
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