📉 $FIL /USDT: Is Filecoin Oversold? Time for a Swing Long‼️
$FIL is flashing a massive OVERSOLD signal on the 4H chart. The price is challenging the lower Bollinger Band at 1.306 and the RSI is deeply depressed at ~24. This could be the perfect trap for late shorts!
👉 My Swing Long Trade Setup (4H)
Entry Zone: $1.300 - $1.340 (Entering near the lower Bollinger Band support).
Target 1 (MB): $1.44 (Mid-Band resistance).
Target 2 (UP): $1.58 (Upper Bollinger Band).
Stop Loss: $1.280 (A decisive close below the lower BB, signalling a breakdown).
Why I'm Bullish: Extreme oversold condition (RSI < 30) often leads to a short-term relief rally. Wait for a confirmation green candle before entry!
FILUSDT
Perp
1.313
-3.45%
