🚀 $FIL /USDT – The double bottom is approaching a decisive moment! Is the explosion starting? 🔥📈
A Double Bottom pattern has been observed on the 4-hour timeframe for the currency $FIL — one of the most reliable bullish reversal patterns in technical analysis.
📌 The price is now trading just below the neck area, which is the resistance that separates consolidation from breakout.
If this area turns into support, we may witness a strong upward movement in the coming days.
🔍 _What makes this pattern important?_
• It consists of two close bottoms indicating a weakening of sellers and an increasing strength of buyers
• A breakout of the neck area confirms the bullish reversal
• A retest of the neck after the breakout is considered a golden entry opportunity for technical traders
📊 _Market Overview:_
• Current price: $2.542 (+3.46%)
• If the $2.58 – $2.60 level is firmly broken, then the potential technical target is calculated as follows:
Target = Neck price + (Neck price – Lowest bottom)
• This means that $FIL could head towards levels of $2.90 – $3.10 in the short term
📌 _Momentum is rising, and a breakout looms_
This is the type of setup that everyone ignores... until it breaks. And when it breaks, it doesn’t come back — it skyrockets.
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