$FIL
The $FIL /USDT pair is showing strong bullish momentum after a recent bounce from the support level of $1.324. With a 30.34% rise, the price is now testing the key resistance zone near $1.950. A breakout above this level would signal the continuation of the bullish trend, targeting the next resistance zone at $1.982.
Entry Point:
Long entry above $1.950
Target Levels (TP):
TP1: $1.982
TP2: $2.100
TP3: $2.250
Stop Loss (SL):
SL below $1.706 to protect against a sharp reversal.
The volume over the past 24 hours shows significant bullish pressure with FIL volume at 56.7M and USDT volume at 90.7M. If the price retraces to the $1.706 support, a potential bullish reversal could occur, providing additional entry opportunities.
Risk Management:
Risk no more than 1-2% of your total trading capital per trade. Use a trailing stop to lock profits as the price moves higher.
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