FIL is showing signs of a potential trend reversal 📊
Price has formed a higher low and is now approaching the key resistance at 2.485 USDT. A breakout above this level could open the way toward the next major zones around 2.887 and even 3.189 USDT 🚀
However, if rejection occurs, we might see a pullback toward the 2.272 USDT support area 🔁
Currently, momentum is leaning bullish and favoring a move higher, especially if the descending trendline gets broken with strength 💪
Price has formed a higher low and is now approaching the key resistance at 2.485 USDT. A breakout above this level could open the way toward the next major zones around 2.887 and even 3.189 USDT 🚀
However, if rejection occurs, we might see a pullback toward the 2.272 USDT support area 🔁
Currently, momentum is leaning bullish and favoring a move higher, especially if the descending trendline gets broken with strength 💪
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.