$FIL is currently trading at $7.856, showing a strong rejection near the $8.00 resistance zone, while holding a key liquidity level around $7.50.
๐ก Trade Setup: โข Entry Zone: $7.70โ$7.80 for a safer buy. โข Targets: $8.00, $8.20, and $8.50 for short-term profits. โข Stop Loss: Place below $7.50 to mitigate risk.
โ ๏ธ Short-Term Observations: โข A breakout above $8.00 may lead to a sharp rally toward $8.50. โข If FIL drops below $7.50, it could retest $7.00โ$7.10.
๐ฌ Liquidity Insight: Consolidation in the purple zone indicates strong accumulation; expect volatility near key levels. Manage risk accordingly!