#FIL/USDT
FIL Price Analysis: The price of $FIL is currently consolidating around equilibrium, approaching a key technical setup.
🔺Key Levels:
🔺Premium Zone: Above 💲3.60 — potential short opportunity.
🔺Support: Below 💲3.00 — key area to watch.
🔺PDH: 💲3.20 zone — likely liquidity target.
🔺PDL: 💲3.00 zone — potential for liquidity sweep.
🔰Trade Ideas:
🔺Long Setup: Look for a bullish reaction if price sweeps below the PDL into the discount zone.🕶️
✅Short Setup: Consider short positions near the premium supply zone around 💲3.60 if the price overextends.
🔺Invalidation: A break below 💲2.90 with volume would invalidate bullish setups.
🔺Market Context: Ongoing developments like the White House Crypto Summit, Texas BTC Reserve Bill, and Jobs Report Shock could drive increased volatility and directional moves in the market.💢