I’m looking at $FIL /USDT around 0.7834, with price sitting below the visible MA60 at 0.7848. The MA60 is sloping downward, so for me the short-term structure still looks weak, although price has been bouncing around the 0.7822–0.7843 area.
The main level I’m watching is 0.7843–0.7848. Price recently pushed toward that zone but pulled back, so I’d want to see a clear move back above it before considering stronger upside momentum.
📍 Entry: 0.7843–0.7848, only if price reclaims and holds this visible area
🎯 TP1: 0.7853
🎯 TP2: 0.7864
🛑 Invalidation: 0.7822
If price loses 0.7822, I’d step away from this setup because that would weaken the recent bounce and put the lower visible area around 0.7812 back into focus.
Volume is visible, but the chart alone doesn’t give me enough confirmation to treat this as a high-confidence setup. I’m waiting for price action around 0.7843–0.7848 rather than chasing the current move.
The main level I’m watching is 0.7843–0.7848. Price recently pushed toward that zone but pulled back, so I’d want to see a clear move back above it before considering stronger upside momentum.
📍 Entry: 0.7843–0.7848, only if price reclaims and holds this visible area
🎯 TP1: 0.7853
🎯 TP2: 0.7864
🛑 Invalidation: 0.7822
If price loses 0.7822, I’d step away from this setup because that would weaken the recent bounce and put the lower visible area around 0.7812 back into focus.
Volume is visible, but the chart alone doesn’t give me enough confirmation to treat this as a high-confidence setup. I’m waiting for price action around 0.7843–0.7848 rather than chasing the current move.
