$FIL / Signs of consolidation after a sharp drop
It has decreased on Binance by 3.02% over the past 24 hours, with a current price of $2.154.
The pair reached a 24-hour low of $2.147, with a slight rebound from this support level.
Hourly charts indicate that the downward momentum is slowing as buyers attempt to regain control.
Key Notes:
Support has been maintained at $2.147 — a potential floor in the short term.
Candlestick formations show early signs of buying pressure.
Trading volume remains moderate, indicating a cautious mood in the market.
Traders should watch for a breakout above $2.20 to confirm a short-term reversal.
Until then, the trend remains bearish with the possibility of sideways consolidation.
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