📊 Technical Analysis – FIL/USDT (1h Chart)

Current Price: $1,302

24h Variation: +3.99%

24h High/Low: $1,304 / $1,238

@Filecoin #filecoin $FIL

🔎 General Context:

FIL/USDT shows recovery after a strong previous decline. The current price broke above the MA7 ($1,288) and MA25 ($1,271), and is approaching the MA99 ($1,309), which now acts as short-term resistance.

📈 Moving Averages (MA):

• MA7: $1,288 – Immediate support

• MA25: $1,271 – Secondary support

• MA99: $1,309 – Critical short-term resistance

This crossing of the averages indicates a reversal of the downtrend to uptrend in the short term, as long as the price remains above the MA7.

📉 RSI Indicators:

• RSI(6): 75.99 – Overbought (⚠️)

• RSI(12): 64.26 – Optimistic region

• RSI(24): 54.96 – Neutral-positive zone

Pay attention to RSI(6), which suggests that the asset may undergo correction or lateralization in the next candles.

📊 Volume:

Increasing volume in recent hours accompanies the upward movement, validating the current buying momentum. However, the current candle needs to close with confirmation to consolidate the breakout of resistance.

📌 Conclusion:

FIL/USDT is showing strength, with good chances of breaking the MA99 if the volume remains. However, the RSI in overbought territory requires caution for late entries.

Relevant Technical Levels:

• Immediate resistance: $1,309 (MA99) and $1,339 (previous high)

• Supports: $1,288 (MA7) and $1,271 (MA25)

🎯 Suggested Strategy:

• Wait for a confirmation candle above the MA99 for a buying entry with a target at $1,339.

• Suggested stop below $1.27 (loss of MA25).

• If already positioned, consider partial close near the MA99 or $1.33.

FIL
FIL
1.317
+4.52%