$FIL The current price is around 1.18. Looking at the daily chart, it remains in an uptrend. Although the price action has been choppy, the pullbacks have not fallen below the previous low, and bearish momentum is gradually weakening.
Yesterday’s bullish candle shows that buyers are starting to regain strength. With bearish momentum weakening and bullish momentum gradually building, a retest of the previous high near 1.3 is an obvious next step.
The next level above that is around 3. It will be difficult to break through in the short term, and it is also a lower price level where many investors from earlier positions are trapped. Short- or medium-term traders can use this level as a reference target.
$FIL
Yesterday’s bullish candle shows that buyers are starting to regain strength. With bearish momentum weakening and bullish momentum gradually building, a retest of the previous high near 1.3 is an obvious next step.
The next level above that is around 3. It will be difficult to break through in the short term, and it is also a lower price level where many investors from earlier positions are trapped. Short- or medium-term traders can use this level as a reference target.
$FIL
