$FIL
/USDT Technical Analysis🎯🚀
Current Price: $5.001
Trend: Neutral to Bullish (based on the +3.09% increase over the 24h period)
Support Levels:
$4.807 (24h Low)
$4.910 (depth support)
Resistance Levels:
$5.141 (24h High)
$5.120 (bid zone)
Momentum: Positive short-term momentum with a 3.09% increase, indicating buying interest. However, the upward movement could face resistance near $5.141.
Trade Signal
1. Entry Signal: Buy around $5.001 (current market price) if the price holds above the support range.
2. Target Levels 🎯:
First Target: $5.120 (Resistance Zone)
Second Target: $5.141 (24h High)
Third Target: $5.200 (Possible short-term extension if momentum continues)
3. Stop-Loss: Set below $4.807 (24h Low) for risk management, aiming to minimize downside in case of a reversal.
Momentum Outlook
The positive momentum suggests potential for upward movement, but keep an eye on resistance levels. A sustained break above $5.120 could push the price to higher levels.