$FIL holds $0.90 this week, or I am wrong.
FIL is trading at $0.9136 after a 13.01% daily rip, with the 4h move already +12.8%. The trend is real: price is above the 20d and 50d MAs, but RSI at 77 says chasing this candle is asking for pain. 🔥
Too extended.
At $0.90, I want to see the level hold, not blindly buy a green candle. FIL is only 1% below its 30d high, while longs are already paying 0.010% funding. $BTC strength helps, but FIL needs its own bid. 👀
Would you enter at $0.90 or wait for a deeper retest? 🤔
#FIL #CryptoNews #Web3
FIL is trading at $0.9136 after a 13.01% daily rip, with the 4h move already +12.8%. The trend is real: price is above the 20d and 50d MAs, but RSI at 77 says chasing this candle is asking for pain. 🔥
Too extended.
At $0.90, I want to see the level hold, not blindly buy a green candle. FIL is only 1% below its 30d high, while longs are already paying 0.010% funding. $BTC strength helps, but FIL needs its own bid. 👀
Would you enter at $0.90 or wait for a deeper retest? 🤔
#FIL #CryptoNews #Web3