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FIL/USD Price Update: Key Levels at $6.761

FIL/USD is currently trading at $6.761, a pivotal price point that offers potential for a strong move in either direction. Let’s explore the critical support and resistance zones, along with a clear entry strategy.

Support and Resistance Levels

Support: The $6.60 level is a key support zone for FIL/USD. If the price holds above this level, we could see a bullish reversal, with potential to push higher.

Resistance: The immediate resistance is at $6.90. A breakout above this could propel the price toward $7.00 and potentially higher levels.

Entry Strategy

For Bulls: Consider entering near $6.60-$6.75 with a stop-loss below $6.50. If FIL/USD breaks above $6.90, target $7.00 and even $7.20 for further upside.

For Bears: If the price fails to hold above $6.60, short positions may target $6.50 or lower, with stops placed above $6.90.

Why This Setup is Attractive

FIL/USD at $6.761 is at a crossroads, testing key support and resistance levels. The market could move strongly in either direction depending on whether buyers can defend support or sellers push back at resistance.

With clear levels and potential for solid movement, this is an ideal time to watch for the next opportunity. Will FIL/USD break out or retrace? Stay ready to act!

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