FIS has recently slowed down its upward momentum, with the current price hovering around 0.0262. Looking at the technical aspects, the situation is a bit complex— the price has now broken below the 7-hour, 25-hour, and 99-hour moving averages( which are at 0.0273, 0.0292, and 0.0283) respectively, indicating a generally bearish trend.



Turning the situation around is not impossible. If the price can stabilize within the 0.028 to 0.030 range( which is the resistance level of the 25-hour and 99-hour moving averages), there is a chance to continue pushing upward, with targets around the 0.032 to 0.038 range( the previous high is at 0.0380).

From the downside, recent support mainly concentrates around the 0.025 to 0.024 range. If the price falls further, a solid support level is at 0.0235.

Trading volume also provides valuable insights. During the previous rally, the volume was significant, but now the volume has decreased to a moderate level. To see a genuine rebound, volume needs to support the move— the price must clearly recover above the 25-hour and 99-hour moving averages, and subsequent volume follow-through is necessary for a more reliable signal.
FIS-7.79%
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