$FIL Market Update: Bullish Momentum and Trade Setup๐Ÿ“ˆ๐Ÿš€

FIL has been on a strong upward trajectory, with a 4.38% gain in the past 24 hours, currently priced at 4.786. The price is stabilizing after hitting a high of 4.899, with support at 4.691 holding strong. The bullish trend is reinforced by the price being above the 7-period moving average, suggesting more upside potential. The next key resistance level to watch is 4.899, and if FIL breaks above this, further gains towards 5.000 could be in play. Trading volume of 25.68K indicates solid market interest, which could support price movements.

๐Ÿ“ŠTrade Setup:

A good entry point for a long position would be if the price holds above 4.700, with confirmation above 4.899 offering an additional opportunity. Target prices are set around 4.900 to 5.000, contingent on a breakout. To manage risk, set a stop-loss near 4.650 to protect against potential downside. Keep an eye on price action and volume for confirmation of the bullish trend. Happy trading!

#USTaxExemptionPlan #VVVonBinance #BinanceAlphaAlert