$FIL has seen significant volatility recently, making it a key focus for traders.
After a liquidation event at $5.436, the current market sentiment indicates potential for both short-term gains and risk management strategies.
Entry Point: A strong entry can be considered around $5.40, with a potential bounce if market conditions stabilize.
Stop Loss: Set a stop loss at $4.80 to manage risk and protect from further downside.
Target: The price could aim for a target around $6.50, depending on bullish momentum, with resistance levels observed at this point.
Always monitor market trends, as cryptocurrency markets can be highly volatile.