$FIS /USDT TECHNICAL ANALYSIS – BULLISH SETUP
$FIS /USDT is showing early signs of a bullish momentum after consolidating near recent support levels. A break above the 24h high could trigger a strong upward move, targeting key resistance zones.
Trade Idea:
Position: Long
Entry: Above recent consolidation breakout (~0.0530 region)
Targets (TP): TP1: 0.0560 | TP2: 0.0585 | TP3: 0.0610
Stop Loss (SL): 0.0505 – below recent swing low
Technical Notes:
The pair has held above critical support, indicating buyers are stepping in. Momentum indicators suggest a possible continuation to higher resistance levels. Volume spike during breakout would confirm strength.
Risk Management:
Keep risk per trade below 2% of trading capital. Adjust position size according to volatility to preserve capital in case of sudden reversals.
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