$FIL /USDT Trading Signal - Retracement Before the Next Leg Up?

Entry Zone: $6.55 - $6.62
Targets:

Target 1: $6.70 (Immediate Resistance)

Target 2: $6.78 (24h High Retest)

Target 3: $6.90 (Extended Resistance Level)

Stop Loss: Below $6.45

Analysis:

$FIL /USDT showed strong bullish momentum earlier, reaching a high of $6.78 before retracing.

Current price action near $6.60 suggests a healthy pullback. A bounce from the entry zone can initiate a move toward $6.70 and beyond.

Monitor volume and RSI; a breakout above $6.78 could signal further upside towards $6.90.

Risk Management: Place stop loss at $6.45 to protect against downside risks. Look for confirmation signals, such as bullish candles or increasing buying volume near support.

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