FIS/USDT – Long-Term Outlook (4H Chart)

FIS has broken out of a steep downtrend with a strong bullish candle and sharp RSI spike, showing early signs of a potential long-term trend reversal.

Key Observations:
Downtrend resistance broken with volume
RSI exploded above 80, showing strong momentum
Price is currently retracing to the breakout zone for a potential retest

Setup Plan:
Entry: On successful retest of the breakout trendline (~0.105–0.115 zone)
Stop Loss: Below 0.105 (invalidates the breakout)
Targets (Long-Term):
TP1: 0.121 (interim resistance)
TP2: 0.174
TP3: 0.219
TP4: 0.258

If price confirms the breakout and holds above the trendline support, a longer-term uptrend could follow. Patience is key — retest is critical.

DYOR. Not financial advice
#FIS #CryptoTrading #Breakout