$FIS /USDT: Consolidation Breakout Trade
1. Entry Point: $0.5100 (breakout confirmation above resistance zone)
2. Take Profit Targets:
TP1: $0.5250
TP2: $0.5400
TP3: $0.5600
3. Stop Loss: $0.4900
4. Technical Insight: $FIS /USDT is forming a bullish pattern within a consolidation range. A breakout above $0.5100 confirms further upside potential.
5. Risk-Reward Ratio: Favorable 1:3 risk-reward setup with clearly defined stop and targets.
6. Trend Outlook: Momentum supported by higher lows and increasing volume, signaling potential breakout strength.
7. Volume Confirmation: Monitor for significant buy volume around $0.5100 for validation.
8. Trailing Stop Suggestion: Adjust SL to $0.5100 after hitting TP1 to lock in profits.
9. Timeframe: Suitable for short-term swing trades targeting a breakout move.
10. Reminder: Apply disciplined risk management and reassess positions as targets are achieved.