$FIS /USDT's price is currently trading at 0.0268 USDT or Rs7.51, showing a steep decline of -7.59% in the last 24 hours — there is strong bearish momentum. Market sentiment at this time appears strongly bearish, as the price has almost tested the 24h low of 0.0245 and the volume is also relatively high (~$1.84M USDT).
Strong support is at 0.0245 (24h Low), but if this breaks, further downside is possible. On the upside, immediate resistance is in the range of 0.0277-0.0286, where MA(99) is also positioned. If a recovery occurs, a target of 0.0290-0.0300 is reasonable.
The buying dominance on the order book is clear (76.90% bids), indicating the possibility of a slight bounce, but the overall trend is still under the control of sellers. The price currently seems oversold, so consolidation or a minor bounce may also occur.
Overall, FIS is currently in a downtrend, so it is important to remain cautious — if the support holds, a slight recovery is possible; otherwise, further decline may come. Trade with strict risk management!
