$FIL /USDT Testing Resistance: Potential Breakout Ahead
$FIL /USDT is trading at $6.782, showing a recovery after bouncing from key support. Bulls are now pushing toward resistance, setting the stage for a potential breakout.
Technical Analysis:
Support Zone: $6.60 – $6.70
Immediate Resistance: $6.85
Key Resistance: $7.00
A breakout above $6.85 could confirm bullish continuation, with potential targets extending to the $7.00 mark.
Trading Signal:
Entry Zone: $6.70 - $6.80
Targets:
1. Target 1: $6.85
2. Target 2: $6.95
3. Target 3: $7.00
Stop Loss: Below $6.60
Market Insights:
FIL/USDT has gained 100.03% over the last 90 days and 62.55% in the past 30 days, signaling strong bullish momentum.
A confirmed close above $6.85 will signal strength and could attract further buying pressure.
Risk Management Tip: Use a stop loss to minimize downside risk and take profits at key resistance zones.