#FIL /USDT (1W) — Outlook
FIL remains in a long-term bearish structure, but the chart now suggests the possibility of a short-term bullish recovery before continuation of the larger downtrend.
After completing a major corrective move, price appears to be forming an accumulation base near historical lows. A bullish impulse toward the 3.7$ resistance area is currently expected.
Key levels to watch:
Major support zone: 0.021$
Main sell area: around 3.725$
The projected structure indicates a recovery phase with multiple corrective waves before reaching the higher resistance region. If momentum continues building, FIL could see a strong rally toward the marked sell zone.
However, the broader market structure still remains bearish on the higher timeframe, so reactions around the 3.7$ area will be important for determining the next major direction.