$FIL is stuck in a tight range while sellers stay in control. Every small bounce is getting sold, showing buyers are losing strength after mid-Feb.
The key level to watch is 0.943 once price slips below it, downside momentum opens toward 0.87 and possibly 0.80. On the upside, 0.985 remains the zone where short-term traps and volatility can happen.
Price is compressing inside a triangle, indicating breakout soon. • Support: ~0.25 – 0.26 • Resistance: ~0.30 📈 Bullish Scenario: Clean breakout above 0.30, then retest of the zone
Price is moving inside a falling wedge, which is a bullish reversal pattern. Selling pressure is weakening, and buyers are starting to step in. • Support Zone: 0.0580 – 0.0600 • Breakout Level: Above 0.0610
Price is forming a symmetrical triangle, showing range tightening and consolidation. Market is near the breakout zone, move expected soon. • Support: 5.70 – 5.90 • Resistance: 6.20 – 6.40