🚀 $FIL /USD: WATCHING FOR A POTENTIAL BREAKOUT ABOVE KEY LEVELS ⚡

The $FIL /USD pair is currently trading at 6.231, testing crucial support and resistance levels. This setup is ripe for a potential breakout, so it’s important to keep an eye on these key zones for the next move.

📊 Trade Scenarios:

Entry Point: 6.231

Take Profit (TP) 1: 6.400

Take Profit (TP) 2: 6.600

Take Profit (TP 3): 6.800

Stop Loss (SL): 6.100

Support is found at 6.100, while resistance is at 6.400. A breakout above 6.400 could trigger a move towards 6.600 and 6.800. Conversely, a drop below 6.100 might lead to a bearish retracement.

📉 Market Outlook: FIL/USD is currently testing support at 6.100, and as long as the price holds above this level, there's a possibility for an upside move towards 6.400 and beyond. A breakout above 6.400 would signal further bullish momentum. If the price breaks below 6.100, we might see a downward trend unfolding.

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