Are you following the trail of $FIL ? The token shows a strong bullish impulse in the short term, trading at $1.0394 and holding above its moving averages.
However, be very careful! Its RSI is at 77.17, indicating it is in overbought territory and warning of a possible nearby correction. If you’re interested in evaluating an entry, watch for a potential pullback to $1.0287 (on the EMA7) so the indicator can cool off, while the $1.0488 level acts as key resistance and a take-profit target. Caution and good risk management are essential here! #fil
However, be very careful! Its RSI is at 77.17, indicating it is in overbought territory and warning of a possible nearby correction. If you’re interested in evaluating an entry, watch for a potential pullback to $1.0287 (on the EMA7) so the indicator can cool off, while the $1.0488 level acts as key resistance and a take-profit target. Caution and good risk management are essential here! #fil