FIS/USDT Technical Analysis and Trade Signal
Current Price: $0.4602 (+2.22%)
Key Levels:
24h High: $0.4655
24h Low: $0.4206
Technical Indicators:
SAR (Stop and Reverse): 0.4616 (Potential reversal point)
Trend: Bullish (Price has gained 2.22% in the last 24 hours)
Support Level: $0.4233 (previous low)
Resistance Level: $0.4676 (depth resistance)
Momentum:
Bullish Momentum: The price is showing a positive momentum, with a recent 2.22% rise and trading near the 24-hour high.
Volume: Healthy trading volume (8.54M FIS and 3.78M USDT) indicates active market participation.
Trade Signal:
Buy: Enter near $0.4600–$0.4610, with a target of $0.4655–$0.4676.
Target Levels:
1. Target 1: $0.4655 (Previous High)
2. Target 2: $0.4700 (Psychological resistance and continuation of upward trend)
3. Target 3: $0.4750 (Extended resistance level)
Stop-Loss: Consider placing a stop-loss around $0.4380 (below the 24h low) to protect against significant pullbacks.
Trade Momentum: Bullish trend with moderate volatility. Watch for price action near resistance levels to gauge momentum continuation.