If you want to enter a trade in coin $FIL , you should know this đđ
The reason coin $FIL is rising is that the maturity period is nearing its end.
This event will reduce the coinâs annual issuance by 75%.
In other words, it will sharply lower the coinâs annual inflation rate.
The price has broken through the resistance zone and the most recent peak at 1.23.
Open interest is rising, which means more contracts are being opened alongside the price movement.
A positive funding rate means buyers are in control and are paying those holding short contracts.
So? đ
A drop toward 1.2/1.19/1.15 is expected
before any further move.
Heavy congestion in long contracts is behind the possibility of a correction.
The reason coin $FIL is rising is that the maturity period is nearing its end.
This event will reduce the coinâs annual issuance by 75%.
In other words, it will sharply lower the coinâs annual inflation rate.
The price has broken through the resistance zone and the most recent peak at 1.23.
Open interest is rising, which means more contracts are being opened alongside the price movement.
A positive funding rate means buyers are in control and are paying those holding short contracts.
So? đ
A drop toward 1.2/1.19/1.15 is expected
before any further move.
Heavy congestion in long contracts is behind the possibility of a correction.