$FIL /USDT Technical Analysis Summary

Two clear consolidation phases are boxed out in the chart, showing accumulation at relatively equal support zones.

The lower black trendline connects the major lows, creating a descending support structure, indicating compression and possible breakout setup.

If this consolidation resolves bullishly, the projected target appears to be in the $8–$9 range, aligning with the black arrow on the chart.