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$FIL bullish consol hanging tight but with some upside potential if things break right. For trading on 1-hour timeframe, I'm going long, but timing's everything here.
Those 1-hour candles are showing less action during this sideways move, down to 3-5M from the earlier 7-12M spikes. That big candle with 1.147 million volume pushed it above 1.535, which was a key move. If we see a retest there with decent volume, that could be a solid spot to jump in.
Capital flows are a bit all over the place: Positive inflows on contracts over the last hour (+2.73M USDT) which backs the bull case, but the 24-hour outflows (-4.71M) make me pause for longer-term stuff. Spot flows are looking good though, +918K over 24 hours, so there's some real demand bubbling under.
Entry longs
$FIL : Best bet is waiting for a dip back to 1.595-1.605 where the MA5 and MA10 meet up, especially if volume quiets down. Or, if it blasts above 1.649 with a candle over 8M USDT volume, that's your breakout signal.
Stop-loss: around 1.587 USDT (below the MA20 and solid support).
Take-profits
$FIL : Aim for TP1 at 1.715 (Resistance level) then TP2 at 1.745 if it stretches to next resistance zone.
We're hugging the upper Bollinger band, so upside might be capped short-term—better to hold off for a pullback or real breakout confirmation.
#fil #FILUSDT #Filecoin