​$FIL returning to the trending radar in line with the increasing activity in the decentralized data storage sector. Technically, the price has bounced from a strong demand zone and is attempting to test the annual resistance.

FIL
FILUSDT
0.807
-3.23%

​Condition: Bullish Momentum. The price structure is starting to shift from sideways to a medium-term upward trend.

Entry: Retest area around the last minor breakout price.

TP: The next target is the supply area at the peak of last month's highest price.

SL: Below this week's lowest level or below the 50 EMA (H4).