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FIS/USDT Technical Analysis (15m)

I. Trend Structure

FIS/USDT has been in a long-term sideways trend, and recently there has been a significant surge in volume, with the current price around 0.0326. The price has risen from below the moving average to above it, operating along the ascending channel I drew. Overall, it has switched from a consolidation phase to a short-term bullish trend structure, but it is still in a relatively early stage.

II. Key Price Levels

Support Level: 0.0315–0.0318

This is the overlapping area of the channel's lower boundary and the previous breakout range, also near MA25 and MA99. If it retraces without breaking below, it indicates good bullish control. A drop below poses a risk of falling back to around 0.0305.

Resistance Level: 0.0338–0.0345

This is the current upper boundary of the channel and the area of concentrated trading right after the recent high, where upward movements have been frequently blocked. If it can break through with volume and stabilize, it will open up space towards targets of 0.0355–0.0360 or even higher.

III. Long and Short Power Comparison

Bullish: The recent several medium bullish candles have shown obvious volume support, indicating strong willingness for funds to push prices higher. Moreover, during pullbacks, the trading volume shrinks, clearly indicating a dominant bullish position.

Bearish: Selling pressure at high levels is mainly concentrated around 0.034, with each touch leading to a pullback. There is short-term pressure from profit-taking, but a systematic counterattack has not yet formed.

IV. Trading Strategy Reference

1) Trend-following Bullish Strategy:

More conservative: Wait for the price to retrace to the 0.0315–0.0320 area, stabilize near the channel's lower boundary before considering adding to long positions in batches, targeting a return to 0.0338–0.0345, and a strong target at 0.0355, with a stop loss placed below 0.0310.

Aggressive Long: If it breaks through 0.0345 with volume and stabilizes, a small position can be added, with the first target at 0.0355–0.0360, and a defense level at a drop below 0.0338.

2) Short-term High Sell:

If the price touches the 0.0338–0.0345 area again and shows a clear upper shadow with increased volume without making a new high, consider reducing positions or high selling, looking back at 0.0325–0.0320.

V. Risk Warning

Currently, it is the early rising stage after a breakout with increased volume, and the fluctuations will be large, with both continued expansion space and the possibility of false breakouts and pullbacks. It is recommended to manage positions and leverage carefully, and set stop losses strictly. The above is for technical analysis reference only and does not constitute any investment advice. #fis $FIS