🚨 $FIL IS FORMING A MASSIVE BULL FLAG - $5 IS THE NEXT TARGET
After 280 days of pure sideways grind, finally broke above its 200D EMA
Structure’s tightening, volume returning, and momentum aligning across all timeframes
This setup’s cleaner than it’s been in a year 👇
1. Technical breakout brewing
Price reclaimed the 200D EMA with strong spot follow-through - first time since early 2024.
The current range ($2.5–$2.9) is a textbook bull flag after the October impulse leg.
Break and close above $3 = next leg confirmed, target $4.8–$5 zone.
2. Momentum divergence
3W RSI flipped bullish after 9 months of compression.
Hidden bullish divergence forming on the daily, mirroring early 2021 accumulation.
Momentum reset without losing structural support - the strongest kind of setup.
3. On-chain strength
Active addresses up 40% month-over-month, dev activity trending up.
FIL storage demand metrics slowly increasing - network use backing price.
Smart money addresses haven’t sold a single major spike since June.
4. Market context
$ETH reclaiming trend, $BTC stable - risk appetite returning.
Rotation into mid-cap layer-1s visible across flows, with $FIL now showing relative strength.
Funding neutral, no signs of froth - perfect pre-breakout conditions.
5. The roadmap
Key resistance: $3.0–$3.2.
Break above that, and the measured move points to $4.9–$5.1 (1.0 fib extension).
Losing $2.5 invalidates the pattern short-term, but structure remains bullish above $2.2.
6. Final takeaway
After nearly a year in hibernation, $FIL is back in play.
Flag’s formed, momentum’s lined up, and liquidity’s clean.
Next stop - $5 if the breakout confirms.
#FIL/USDT #USGovShutdownEnd? #CryptoMarket4T #BinanceSquareTalks
