Recently, we noted that Fitbit $FIT appeared to be making a recovery after a rounded bottom. Since then FIT has retreated to a key support that is challenging the rounded bottom.FIT Daily Chart(click to enlarge)Key Support:- After retreating from around 7 to 6, price is now testing the price bottom scenario.- Here, we see the cluster of 200- and 100-day simple moving averages (SMAs). It is also a previous resistance.- If the market indeed turned bullish, it should hold above 6.00.- Also, the RSI retreated from above 70 to 40. If the bullish momentum from August-September is to be maintained, the RSI should hold above 40 for the most part. - If so, there is upside towards 9.50-10, and 11.80.