$FIL #FIL Buying support is still holding, so go with the trend on strong coins.
Candlestick timeframe: 1h
My bias: Bullish (trade with the trend only; don't fight the market sentiment)
$FIL #FIL Execution: Buy the pullback, and wait for confirmation at key levels before increasing your position.
Key rationale: 1) FILUSDT is up 6.329% over 24h, with a current price of about 1.1575 and 24h trading volume of about 232.90M; 2) The 1h close rose from 1.1557 to 1.1575, so short-term momentum is still pushing upward. 3) The 4h close rose from 1.1501 to 1.1575; current open interest is about 57.78M, and the funding rate is about 0.0061%, making trend continuation more likely.
Risk control: If the 1h price breaks below 1.1539 and continues lower, the bullish bias is invalidated.
$FIL #FIL Closing note: The direction is clear; execution comes down to discipline. For reference only; this is not investment advice.
Candlestick timeframe: 1h
My bias: Bullish (trade with the trend only; don't fight the market sentiment)
$FIL #FIL Execution: Buy the pullback, and wait for confirmation at key levels before increasing your position.
Key rationale: 1) FILUSDT is up 6.329% over 24h, with a current price of about 1.1575 and 24h trading volume of about 232.90M; 2) The 1h close rose from 1.1557 to 1.1575, so short-term momentum is still pushing upward. 3) The 4h close rose from 1.1501 to 1.1575; current open interest is about 57.78M, and the funding rate is about 0.0061%, making trend continuation more likely.
Risk control: If the 1h price breaks below 1.1539 and continues lower, the bullish bias is invalidated.
$FIL #FIL Closing note: The direction is clear; execution comes down to discipline. For reference only; this is not investment advice.