UP📈

📉 🔥FIL/USDT – Compression Before Decision

Start Accumulation :: BUY

Current Price: $1.56 (-4.2%)
Timeframe: 4H

$FIL is consolidating tightly near support after a consistent downtrend. Let’s decode 👇

🔹 Short-Term View (1–7 days)

Price sits just above the ascending support line (~$1.53).

MA(7) < MA(25) and hovering around MA(99) = short-term weakness.

RSI(6) ≈ 28 → oversold zone; a short-term bounce possible.
📊 Trade Setup: A quick reversal trade to $1.65–$1.70 is likely if the $1.53 support holds. But a break below could test $1.20 next.


🔹 Mid-to-Long Term (2–8 weeks)

Still below key MAs; overall trend remains bearish.

Long-term investors may accumulate slowly below $1.50, aiming for a trend reversal above $1.75.

Watch for volume spike — a strong breakout candle over $1.70 confirms strength.


🧠 In short:

Traders: Wait for bounce confirmation near $1.53 — scalp cautiously.

Investors: Accumulate small, avoid leverage, target long reversal above $1.75.

$FIL
{spot}(FILUSDT)


#FIL #Altcoins #cryptotrading #BinanceSquare