🚀 💰👀FIS Surges 34.32% to $0.27320 – $0.30000 Next🤔?🔥
FIS price at $0.27320, up 34.32% with 52.34% volatility in 24H! Support $0.24432, resistance $0.29000. RSI near overbought, SAR bullish. 💡 Scalp $0.24432–$0.29547, stop loss $0.21595. More gains or pullback? What’s your take? 📊 #FIS @BoldCompass
📌Insights for Traders
🧭Short-Term (Scalping/Day Trading):Entry Point: Buy on a dip to $0.24432–$0.21595 if the price holds above $0.24432 (confirm with volume and RSI dropping to 50–55).
🧭Target Profit: Sell at resistance $0.29000–$0.29547.Stop Loss: $0.21595 to limit risk.Strategy: Use small timeframes (15M/1H) for scalping, capitalizing on a potential rebound after the correction.
🧭Medium-Term (Swing Trading):Wait for a confirmed breakout above $0.29000 with high volume for a long position, targeting $0.30000–$0.31000.If the price breaks below $0.24432, watch for a deeper correction to $0.21595 or $0.19037.Monitor project-specific news for additional catalysts.
🚨Risk Management:Allocate 5–10% of your portfolio for FIS trading due to its extreme volatility.Be cautious of further corrections, especially with RSI nearing overbought and potential profit-taking.
Will FIS break $0.30000, or correct to $0.21595? Share your thoughts below! 👇
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DisclaimerThis analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading involves high risks, and prices can be highly volatile. Always conduct your own research and consider your risk tolerance before making any trading decisions.