Technical analysis by Supachai-Taechapisit about Symbol FIS: Buy recommendation (1/1/2025)

Supachai-Taechapisit

TECHNICAL ANALYSIS: 🎯Pattern Structure:- Price: $0.4667 (-2.24%)- Timeframe: Weekly (1W)- Clear triple bottom formation (2022-2024)- Strong horizontal support: $0.42Major Price Targets:TP1: $1.2867 (344.08% potential)TP2: $2.3459 (501.44% potential)Technical Insights:- Triple bottom pattern confirmed with three tests of $0.42 support- Multiple touches of resistance at $0.90-1.00 zone- Clear bullish divergence on weekly timeframe- Moving averages showing potential golden cross setupTHIS 1H CHART VIEW Key Levels:▪️ Major Support: $0.42 (Must Hold)▪️ Immediate Resistance: $0.90▪️ Breakout Level: $1.00Risk Management:- Entry Zone: $0.45-0.48- Stop Loss: Below $0.40 (Weekly close)- Risk:Reward ratio • To TP1: 1:15 • To TP2: 1:25Timeframe: WeeklyBias: Strong Bullish on BreakPattern: Triple Bottom / AccumulationNote: Such high targets require patience and proper position sizing. This is a long-term setup. Not financial advice.#FIS #Crypto #TechnicalAnalysis #BinanceKey Observation: Pattern suggests massive accumulation phase since 2022, with potential for significant upside movement on volume confirmation.