$FIS /USDT – BEARISH REJECTION AT KEY RESISTANCE, DOWNSIDE MOVE EXPECTED
Price has pushed into a well-defined resistance zone and is showing signs of rejection on the 4H timeframe. The move upward lacks strong continuation volume, suggesting this is more likely a liquidity grab rather than a confirmed breakout. As long as price remains below resistance, the probability favors a bearish pullback toward lower demand levels.
Trade Setup (Short)
Entry Zone:
0.0235 – 0.0240
Targets:
TP1: 0.0220
TP2: 0.0205
TP3: 0.0175
Stop Loss:
Above 0.0250 (4H candle close)
The overall structure remains range-bound with price reacting strongly to the range high. Until a clean acceptance above resistance occurs, short positions from premium zones remain favored. Expect volatility near this level, followed by continuation toward mid-range or range lows if rejection confirms.
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buy and trade here on $FIS
