$FIL #FIL 🚀
Direction: LONG
Entry zone: 0.8768 to 0.8803
Stop loss: 0.8654
Target 1: 0.8961
Target 2: 0.9093
Filecoin is trading near 0.8785 dollars, up 1.98 percent in 24 hours, inside a range of 0.8510 to 0.8793, and it is pushing right at the top of that range. My reading is that Filecoin is showing real relative strength in a fear market, because the recent closes climbed steadily, 0.8740, then 0.8730, then 0.8747, then 0.8785, which is buyers holding gains instead of giving them back. 📈 A long from the current zone, with a stop below 0.8654, targets 0.8961 first and then 0.9093 if strength continues. A fall below 0.8654 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Filecoin rise to 0.8961 first, or fall below 0.8654? 🤔
Follow for more trades.
#Filecoin #Crypto #FuturesTrading #TradingSignals