$FIL /USD

๐Ÿ” FIL/USD Perp Setup (CME)

Last Price: $2.51 (-0.55%)

Mark Price: $2.510

24h High: $2.546

24h Low: $2.457

24h Volume:

Contracts: 460,699

USD: $4.61M

๐Ÿ”‘ Key Price Zones

ZonePriceCommentResistance$2.53 โ€“ $2.5524h high, upper range capCurrent Price$2.51Mid-range, indecisive zoneSupport (Pullback)$2.47 โ€“ $2.48Short-term support; previous bounce regionStrong Support$2.45 โ€“ $2.46Key swing low, 24h low

๐Ÿ“ˆ Trade Plans

โœ… Range Long Setup

Entry: $2.47 โ€“ $2.48

TP1: $2.53

TP2: $2.55

Stop: $2.44

Rationale: Fade into support with expectation of range reversion.

๐Ÿ” Breakout Long

Entry: Break above $2.55 (sustained volume)

TP1: $2.62

TP2: $2.68

Stop: $2.49

Rationale: Momentum extension above resistance band.

๐Ÿ”ป Short Setup (Fade Highs)

Entry: $2.53 โ€“ $2.55

TP1: $2.49

TP2: $2.46

Stop: $2.565

Rationale: Weak volume rejection or double top around 24h high.

๐Ÿง  Summary

Bias: Neutral to slightly bullish unless $2.46 breaks

Breakout Trigger: $2.55

Bear Trigger: Breakdown below $2.45 (invalidates support thesis)

Watch For:

Volume confirmation at edges of range

Volatility spike on CME opening session

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