🔥 They're debating whether
$FIL has recovered or is still on the floor — I'm playing it long
- FIL at $0.9854, a step away from the day's high ($0.9999), with the 4h EMA50 at $1.0428 marking the remaining ceiling.
- 15m RSI at 44.2: no euphoria, plenty of room.
- Open Interest fell 5.2% in 24h ($56.7M) while the price rose: old positions got washed out.
- Positioning is lukewarm: 53.8% of accounts and 60% of top traders are long — the crowd isn't convinced yet.
- The ±2% order book is balanced ($1.90M vs $1.89M): nobody's pushing.
- BTC: 826K transactions in 24h and hashrate at 1139 EH/s — the underlying engine is still running.
- FIL is up 46% in 90 days and remains in the lower quarter of its range: that debate is keeping the crowd on the sidelines.
- The bridge: when leverage gets washed out and the price holds, the next rally isn't weighed down by dead positions.
📊 SIGNAL — LONG
📍 Current price: $0.9854
🎯 Zone: $0.9810–$0.9854 (dist. 0.0%)
If the zone holds, I'll enter with a limit order in two parts:
50% at $0.9854 · 50% at $0.9810 (average $0.9832)
🛑 Stop: $0.9783 (-0.5% from the average), confirmed BEFORE entering
Risk per trade: 2% of capital
✅ TP1: $0.9999 (the 24h high) — if it hits, I'll take half off and move the stop to my entry
🏁 TP2: $1.0220 (1.414 extension) — the full-move target if the price breaks above a dollar
R/R: 1:3.4 · 1:7.9
⏳ Valid for: the next 4h — if a 15m candle closes below $0.9783, the plan is dead
Will it break above a dollar and keep going, or will the high send it back into the zone?
Check out the chart with the zones marked — live price here 👇 FIL
FIL
#Filecoin #Retest #Trading
This is a plan, not financial advice.