$FIS primed at demand zone — Break or Bounce?
Price dropped near 0.1146 (-4.98%), brushing against a weak low with visible historical reaction zones. LTF rejection candles suggest a possible bounce brewing. 👀
🔎 Market Structure:
• BOS marked a shift to bearish order flow
• Price currently respecting previous demand zone
• Last major impulse stalled at 0.6274
• Large FVG and inefficiencies overhead begging to be filled
📈 Potential Long Setup:
• Entry: 0.1140–0.1160 zone
• SL: 0.0900
• TP1: 0.2100
• TP2: 0.3900
• Final Target: 0.6200+
⚠️ If 0.114 breaks clean, expect sweep of weak lows down toward 0.0847 / 0.0750 liquidity pockets.
Watch for volume reaction and bullish BOS confirmation for safer entry.
#TrumpTariffs #BreakoutTradingStrategy #TruthSocialCryptoBlueChipETF #FIS