$FIL

FIL/USDT Price Analysis: Momentum, Support, and Entry Strategy

FIL/USDT has surged 13.52% in the last 24 hours, reaching a high of $7.322 before a minor pullback to $7.002. This rally indicates strong bullish momentum, but key technical levels are now in play.

Support & Resistance Zones

Support: $6.632 (previous consolidation area), where buyers might step in to defend the price.

Resistance: $7.322 (recent high), a key level to watch for a breakout confirmation.

Trading Strategy

Breakout Trade: A clean move above $7.322, backed by high volume, could signal the next leg of the rally. Targets could aim for $7.50 or higher.

Pullback Entry: If the price retraces to $6.90–$6.60, it may present a prime buying opportunity with reduced risk.

With volume surging at 26.55M FIL, the market is alive with action. Bulls remain in control for now, but staying vigilant at critical levels will be key. Keep your stops tight and watch for confirmation before taking your next step.

Are you ready to ride the next wave?

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