$FIS Explosive Rally! Up 25% 🚀
Price Update: FIS is trading at $0.4070, up +25.89% in the last 24 hours, with an intraday high of $0.5363 and low of $0.3126. The coin is experiencing a massive surge in both price and volume.
Technical Analysis:
• Moving Averages:
• The 7 MA at $0.3594 is providing immediate support as FIS maintains a steep upward trajectory.
• The 25 MA at $0.3330 and 99 MA at $0.3214 indicate a strong bullish breakout from previous consolidation.
• Volume Explosion:
• A significant spike in volume accompanies this rally, suggesting strong buyer momentum.
• Support Zone: Key support lies around $0.3834, the base of the current consolidation.
• Resistance Zone: Immediate resistance is at the day’s high of $0.5363, which FIS tested and pulled back from.
Market Sentiment:
• Bullish momentum is evident, but the rejection at $0.5363 suggests some profit-taking. A consolidation above $0.4000 could pave the way for another leg up.
Outlook:
• Bullish Scenario: Breaking above $0.5363 could target $0.6000 or higher in the short term.
• Bearish Scenario: Failure to hold above $0.4000 could result in a retracement to $0.3500-$0.3600.
What’s your move on FIS? HODL for higher gains or secure profits now?
#BONKBURNmas #XRPPriceAction #DEXXBreach #USDebt36Trillion {spot}(FISUSDT)