$FIS
FIS/USDT: Unstable ground with potential for a bounce 📈📊
Current price: 0.4543 USDT (-11.27%)
24h high: 0.5416 USDT
24h low: 0.4350 USDT
24h volume (FIS): 16.81M FIS
24h volume (USDT): 8.26M USDT
Technical insights 📊:
Support zone: 0.4350–0.4450 USDT (buy zone).
Resistance zone: 0.4800–0.5000 USDT (key breakout level).
Trend: Sharp decline, but showing stability (+0.33% recent gain).
Trading Strategy 🎯:
1. Buy near 0.4450–0.4550 or on dips to 0.4350.
2. Target 1: 0.4800 USDT (initial bounce).
3. Target 2: 0.5000 USDT (resistance test).
4. Target 3: 0.5400 USDT (possible full recovery).
Risk Management ⚖️:
Stop Loss: Below 0.4300 USDT to limit losses.
Risk Reward Ratio: Target 2:1 reward-risk ratio.
Watch MACD and RSI for signs of reversal! 📈