$FIL USDT

#FIL/USDT observe a sideways movement where the price repeatedly moves up and down but always returns between the 2024 Q1 VAL and the 2023 Q4 VAH.

These two levels appear to be holding as our current range.

We expect a small pullback, supported by the 2024 Q2 VAL and the 2023 Q4 VAH.

These should act as our support zones on the VWAP chart. On the upside, our target is the 2024 Q1 VWAP at $7.70. Above this level, we anticipate resistance around $9.32.

This analysis suggests a short-term strategy of buying at the support levels and targeting the identified resistance points.

DYOR

Not Financial Advice