๐Ÿ“ˆ $FIL is currently trading at $0.7991, up 15.69%. Seeing a 15% move on $FIL while the rest of the market stalls is a classic bait-and-switch if you aren't paying attention to the heavyweights. I lost $5,400 in my first year because I chased these small-cap pumps while ignoring the structural health of the market leaders. Right now, $ETH and $OP are showing signs of exhaustion that most retail traders are choosing to ignore because they only care about today's green candles. If the big boys don't hold their weekly supports, your altcoin trade isn't a setupโ€”it's a suicide mission.

COIN & PRICE

$FIL at $0.7991, 24h change +15.69%.

SETUP TYPE

Breakout pullback.

ENTRY ZONE

I am looking to enter between $0.7300 and $0.7450. This zone aligns with the previous local resistance that should now act as support following the aggressive breakout move.

STOP LOSS

$0.6850. I am placing this just below the daily low of $0.6867. If we wick below that level, the bullish structure is compromised and the momentum is likely fake.

TARGETS

Target 1 is set at $0.8500, which is the immediate liquidity zone. Target 2 is $0.9400, targeting the range highs where I expect to see significant selling pressure from trapped traders.

RISK/REWARD

Based on this entry and stop, the Risk/Reward ratio is approximately 1:2.4, which satisfies my strict criteria for taking a trade.

POSITION SIZE WARNING

Never risk more than 1-2% of your total account balance on this setup. If you are leverage trading this, keep your position size small enough that a stop-out doesn't ruin your month.

INVALIDATION

The trade is dead if we close a 4-hour candle below $0.6800. If that happens, $ETH and $OP will likely pull back, dragging $FIL down with...