š„$FIL /USDT SHOWS SIGNS OF CONSOLIDATION AFTER SHARP DROP
The $FIL /USDT pair on Binance has dropped by 3.02% over the last 24 hours, with the price currently sitting at $2.154. The pair hit a 24-hour low of $2.147, narrowly bouncing from this support level. The hourly chart suggests bearish momentum is slowing down as buyers attempt to reclaim control.
Key observations:
Support held at $2.147 ā a potential short-term floor.
Candlestick formation indicates early signs of buying pressure.
Volume remains moderate, signaling cautious market sentiment.
Traders should watch for a break above $2.20 for confirmation of a short-term reversal. Until then, the trend remains bearish with possible sideways consolidation.
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