📉 FIS enters free fall despite recent boost
After a rally that pushed its price up to 0.1814 USDT, FIS shows clear signs of retracement, entering a phase of free fall. It is currently trading at 0.1435 USDT, losing some of the momentum that propelled it more than 18% in 24 hours.
Indicators such as the MACD and Bollinger Bands reflect increasing bearish pressure, while traders adjust positions to avoid further losses.
📊 Despite the still active demand, supply begins to dominate the order book, which could drag the price towards the previous support of 0.1162 USDT if buying volume does not recover.
👉 Caution and constant monitoring are recommended for those holding open positions.