$FIL
The price indeed bounced from resistance and dropped to retest the support line with extremely high precision at $0.9632 - $0.9649 (the yellow dashed line on the chart). Currently, we’re seeing a clear bullish momentum with a fast upward rebound toward $0.9851.
Here’s a professional Follow-up Post to highlight the success of the analysis and provide an update to followers:
🎯 Direct Update | FIL/USDT perfectly played out the mentioned entry scenario!
As we warned very clearly in the previous analysis against buying at the upper resistance, we suggested waiting for the retest:
Precision of the drop and retest: The price dropped with extreme accuracy and tested the support line at $0.9632 - $0.9649 (the 0.5 Fibonacci level).
Positive reaction: The price interacted immediately with the specified support area and is now strongly rebounding, heading toward the $0.9850+ zone.
📍 Current situation and trade management for those who entered from the buy zone:
Trade protection (Breakeven): It’s best to move the stop-loss to the entry price ($0.9649) immediately to protect profits and secure the trade for free.
First target (near): $1.0150
Second target: $1.0347 (today’s high on retest)
Third target (if breakout): $1.0500, then open Fibonacci levels toward $1.1500.
Main stop-loss: A close below $0.9430.
💡 Today’s rule: Technical analysis is not just predicting upside—it’s about patience and securing entry opportunities from strong support zones. Congratulations to everyone who followed the plan and avoided FOMO!