๐ฅ $FIS Bounces Back โ But Can It Hold the Line? ๐ฅ
$FIS just posted a +10.56% gain, jumping from $0.1561 to tap a high of $0.1880 before cooling off to $0.1749. That's a strong intraday move โ but zoom out, and itโs clear FIS still has work to do. ๐
๐ Hereโs what stands out:
24H Vol: 40M+ FIS traded โ serious volume!
Todayโs Gain: +6.78%
30D & 180D Returns: Still -31.09% and -55.69% ๐ฌ
Order Book Bias: 52% buyers, but sellers arenโt far behind
๐ What this means:
$FIS is trying to shake off the rust. After bottoming out near $0.156, bulls stepped in aggressively โ but the rejection at $0.188 shows resistance is still strong. Itโs a recovery in progress, not a full reversal yet.
๐ Long-term holders are deep underwater, and short-term traders may look to scalp these pops โ so caution is key. RSI and MACD (not shown) would be worth watching if youโre trading this zone.
๐ฌ Personally? Iโm watching how it handles the $0.17 level โ a retest could make or break this bounce.
โ ๏ธ Disclaimer: This is not financial advice. Just one traderโs view. Always DYOR and manage your risk.
๐ Are you trading FIS or sitting out until stronger confirmation? Letโs talk charts!
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