$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.
š” Trade Setup: ā¢ Entry Zone: $7.70ā$7.80 for a safer buy. ā¢ Targets: $8.00, $8.20, and $8.50 for short-term profits. ā¢ Stop Loss: Place below $7.50 to mitigate risk.
ā ļø Short-Term Observations: ā¢ A breakout above $8.00 may lead to a sharp rally toward $8.50. ā¢ If FIL drops below $7.50, it could retest $7.00ā$7.10.
š¬ Liquidity Insight: Consolidation in the purple zone indicates strong accumulation; expect volatility near key levels. Manage risk accordingly!
$ENA is Heating Up ā Get Ready for a Massive Pump! š„šÆ
Attention spot traders! Nowās the time to take action ā $ENA is showing signs of a powerful surge. Grab tokens at this lower price and hold tight, as this golden opportunity could potentially double your investment in just one day! Donāt miss out on this exciting chance to maximize your gains. The momentum is building ā act fast before the price takes off!
I strongly advise focusing only on spot trading and avoiding futures trading. Hereās why: ā¢ Futures trading is extremely risky, and statistics reveal that nearly 80% of futures traders lose money daily. This is due to high leverage and automatic liquidation when funds run out. ā¢ In contrast, 85% of spot traders manage to make profitsāwhether big or smallāby taking a safer and more calculated approach.
With spot trading, you can: 1. Analyze a coinās strength: Spot trading allows investors to better understand market trends and movements without the pressure of leverage. 2. Hold tokens long-term: You can keep your investments for days, weeks, months, or even years to capitalize on significant gains without the fear of liquidation.
On the other hand, futures trading can lead to: ā¢ Quick losses: Trades close automatically when your margin runs out. ā¢ Complex risks: Leverage amplifies losses, making it harder to recover.
Instead, focus on spot trading, build your portfolio, and invest in strong tokens. Iāll be sharing recommendations on the best tokens to buy and hold soon. Stay tuned!