$FIS / USDT ā Explosive Bullish Move! š
$FIS has seen a massive surge to $0.2720, up by an impressive +35.32%! The 4-hour chart shows a powerful green candle breaking through previous resistance levels with significant volume. This indicates strong bullish momentum.
Potential Trade Setup (High Volatility - Trade with Caution):
Entry: Given the rapid increase, consider potential entries on short-term pullbacks, watching for support around the $0.2650 - $0.2700 area.
Target 1: $0.2800 (previous high)
Target 2: $0.2900
Final Target: $0.3000+ (depending on market continuation)
Stop Loss: Due to the high volatility, a wider stop-loss might be appropriate, perhaps below $0.2550 - $0.2600, based on your risk tolerance.
Key Observation: The substantial volume accompanying this breakout suggests strong buying interest. Be aware of potential profit-taking after such a large move. Monitor price action closely for continuation or consolidation.
Exercise extreme caution and manage your risk wisely when trading highly volatile assets.
