$FIS
/USDT Technical Analysis: Key Levels to Watch
As FIS/USDT continues to trade in a volatile range, traders should closely monitor these key price levels for potential breakout or pullback opportunities. Here are three important targets to keep an eye on:
1. Immediate Support: $0.4093
The price has recently tested the 24-hour low, with support forming around $0.4093. A bounce off this level could lead to a potential short-term recovery.
2. Mid-Range Resistance: $0.4500
The $0.4500 level has shown strong resistance, with the price recently rejecting higher levels. If FIS can reclaim this zone, a move towards the next resistance could be in play.
3. Key Resistance: $0.5330
The 24-hour high at $0.5330 is a critical resistance point. A successful break above this level could signal a bullish continuation towards higher price targets.
Technical Outlook:
Currently, FIS/USDT is in a downtrend with minor retracements. Watch for price action around these key levels to identify potential entry points or reversal signals.
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