$FIL /USDT | LONG Watchlist
Filecoin caught my attention because it recorded the largest reported long liquidation in the feed, at approximately $54.95K.
That doesn't automatically mean FIL is ready to bounce. Sometimes the market needs more time to find a bottom, so I'm watching the $1.058โ$1.074 area for signs that sellers are losing control.
๐ข Potential Entry Zone: $1.058โ$1.074
๐ฏ Targets
- TP1: $1.090
- TP2: $1.101
- TP3: $1.117
- TP4: $1.133
๐ Planned Stop-Loss: $1.037
๐ My approach: I want to see FIL hold the area, recover above a nearby resistance level, and show stronger buying volume. Without that confirmation, I'm not interested in buying simply because the price looks cheap.
If the setup develops, taking some profit along the way makes more sense to me than expecting one trade to hit the highest target in a straight line.
If price breaks down and the bullish structure fails, I'll step aside and reassess.
These are preliminary planning levels, not verified support and resistance. I'll check the live chart before making any decision.
Patience is part of trading too.
$FIL
Filecoin caught my attention because it recorded the largest reported long liquidation in the feed, at approximately $54.95K.
That doesn't automatically mean FIL is ready to bounce. Sometimes the market needs more time to find a bottom, so I'm watching the $1.058โ$1.074 area for signs that sellers are losing control.
๐ข Potential Entry Zone: $1.058โ$1.074
๐ฏ Targets
- TP1: $1.090
- TP2: $1.101
- TP3: $1.117
- TP4: $1.133
๐ Planned Stop-Loss: $1.037
๐ My approach: I want to see FIL hold the area, recover above a nearby resistance level, and show stronger buying volume. Without that confirmation, I'm not interested in buying simply because the price looks cheap.
If the setup develops, taking some profit along the way makes more sense to me than expecting one trade to hit the highest target in a straight line.
If price breaks down and the bullish structure fails, I'll step aside and reassess.
These are preliminary planning levels, not verified support and resistance. I'll check the live chart before making any decision.
Patience is part of trading too.
$FIL