๐ก$FIL /USDT 1H Technical Analysis and Best Trading Strategy Plan ๐งโ๐ซ ๐ ๐
Current Price: $2.568
24H High: $2.623 | 24H Low: $2.442
Timeframe: 1 Hour
RSI: 49.59 (Neutral zone)
MACD: Slightly bullish cross forming
MA/EMA: Testing support at 20 EMA, resistance at 50 EMA
๐ Chart Pattern Insight:
$FIL is attempting to stabilize after a short-term correction from the $2.62 zone. Price wicked below the 20 EMA but quickly reclaimed it โ showing buyer interest near $2.54. RSI hovers around 50, suggesting indecision but no strong bearish momentum yet. MACD is hinting at a possible crossover, which could initiate a minor bullish wave.
๐ Strategy Plan (Short-Term):
โ Entry: Above $2.57 (on 15-30 min confirmation)
๐ฏ Target 1: $2.60
๐ฏ Target 2: $2.62
โ Stop-loss: $2.53 (below recent wick support)
โฑ๏ธ Trade Duration: Intraday โ 6 to 12 hours
๐ Trend Bias: Sideways to Bullish if volume holds
โ ๏ธ Pro Tip: Wait for a candle close above 50 EMA on 1H for a safer bullish entry. Watch for a volume breakout confirmation near $2.577 resistance.
๐ง Market Mindset:
"Patience in zones of indecision leads to precision in breakout trades."
๐ Disclaimer: This is not financial advice. Always DYOR (Do Your Own Research) and manage risk.
#FIL/USDT #MarketPullback #TrumpTariffs #BinanceAlphaAlert #Binance