🚀 $FIS /USDT Short Trading Signal Alert 🚀
🔍 Analysis Overview:
$FIS/USDT saw a sharp rise of 43.71% but is currently facing resistance at $0.57. Signs of exhaustion suggest a potential retracement, creating an opportunity for a short trade.
💡 Signal Details:
• Entry Zone: $0.50 - $0.53
• Take Profit Levels:
• TP1: $0.45
• TP2: $0.40
• TP3: $0.35
• Stop Loss (SL): $0.58
• Risk/Reward Ratio: 1:3
📊 Key Highlights:
1. Resistance at $0.57, with rejection candlesticks forming.
2. RSI indicates overbought conditions, hinting at a downward correction.
3. SL positioned above the recent high to minimize risk.
4. Gradually secure profits as price moves toward lower targets.
5. Suitable for short-term traders looking to leverage market corrections.
🔗 Stick to your plan and trade responsibly.