$FILUSDT: Breakout after 2 years of consolidation

Let's analyze the monthly time frame of one of my favorite cryptocurrencies, which I have mentioned before.

Filecoin (FIL) has finally broken out after a 2-year consolidation in its key support zone. This decentralized cryptocurrency for data storage, with strong fundamentals and promising long-term potential, has broken a local resistance, which could signal a trend change.

Currently, FIL has fallen 97% from its previous all-time high, offering an attractive risk-reward ratio for both traders and investors. Operate with caution and make sure to manage risk properly, as the market shows renewed interest in FIL.

Current data for FILUSDT:

Price: $5.25

Buy level: Above $4.77

Stop-loss: Below $3.255

Profit targets:

🎯TP1: $8

🎯TP2: $11

🎯TP3: $25

🎯TP4: $40

Additional notes:

Maximum leverage: 3x

Always use a stop-loss.

🏅 Don't forget to show support please brother. I need 1$ to cover oncological treatment.