$FIL
/USDT Technical Analysis: Bullish Momentum Continues 🚀
The FIL/USDT pair has been experiencing notable bullish momentum, with a +7.19% price increase, currently trading at $7.289. Here's a quick breakdown of key support and resistance levels to watch:
Target 1: $7.50
This level marks the immediate resistance, with a potential breakout above it signaling a further upward move. Traders will be watching for continued buying pressure to push the price higher.
Target 2: $7.70
If FIL sustains its bullish trend, $7.70 could be the next key resistance. A solid move past this level would open the door for further gains.
Target 3: $8.00
The $8.00 level stands as a psychological barrier and a major resistance point. Achieving this target would solidify the ongoing bullish trend and attract more market participants.
Support Levels:
Immediate support around $7.00. A break below could signal a pullback, with $6.70 acting as the next major support.
Volume Watch:
24h volume remains high at 138.56M USDT, reflecting significant market activity. Traders should keep an eye on volume to confirm the strength of any breakout.
Stay tuned for updates, and always trade wisely! 🔍