FILUSDT - LONG SETUP
Filecoin - Market Structure & Setup Rationale:
The chart shows a ChoCH (Change of Character), indicating a potential trend reversal from bearish to bullish.
A local liquidity zone around 3.567 suggests this area could attract buyers, making it a critical re-entry or bounce zone.
FDM (Fair Demand Zone):
The low near the 14th October swing shows a point where buying pressure re-entered. The retracement back into this zone can serve as a validation for the bullish outlook.
SETUP:
LONG ENTRY
3.568
3.554
TAKING PROFIT
3.705 (SL+ / BEP)
3.817
3.917 (11%)
STOPLOSS
3.467 (2.75%)
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$FIL