Technical analysis by darksignal about Symbol FIS: Buy recommendation (8/5/2025)

The analysis of the FIS/USDT chart on Mexc shows that the current price is around 0.11534 USD, close to a local low after a recent decline. A clear downtrend is visible since the July peak, but recent days suggest a potential rebound, which could mark the start of an upward movement. A suggested rise to 0.15 USD (approximately 30% from the current level) is possible if the price breaks through the resistance around 0.12 USD and stays above the 50-day moving average, currently acting as dynamic support. This move could be supported by increasing volume and positive signals from the oscillator at the bottom of the chart, if it indicates an exit from the oversold zone. A key support level is at 0.11 USD – a drop below this could invalidate the bullish scenario. It is recommended to monitor the breakout above resistance and confirm the trend in the upcoming sessions. Potential TP: 0.15 $