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$FIL 4H: Range Rejection or Fuel for a Breakout Above $0.80?
⏰ Timeframe Analyzed: 4-Hour (4H)
📊 Market Bias: Neutral → Bullish
$FIL is trading inside a clear 4H range after defending the 0.74-0.75 demand zone. Despite the recent rejection from local highs, price continues to hold above both the MA25 and MA99, keeping the medium-term structure constructive.
🎯 Trade Setup
🟢 LONG Setup
Entry Zone: 0.778 - 0.786
🛑 Stop Loss: 0.758
🎯 TP1: 0.800
🎯 TP2: 0.819
🎯 TP3: 0.845
📈 Risk : Reward: 1:1.5 → 1:3.5
❌ Trade Invalidation:
A confirmed 4H candle close below 0.758 would invalidate the bullish structure and shift momentum back toward sellers.
#FIL/USDT
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