$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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