🔥 FIL/USDT: bounce from EMA21 or continuation of correction? The moment of truth is near!
After the impulsive growth ($FIL ) transitioned into a phase of gradual pullback to EMA21. The price is slowing down, forming consolidation — the market is gaining liquidity before the next move. The key question: will we get a technical bounce or will sellers push lower?
Briefly on indicators (1H):
• RSI (6): 33.5 — at the oversold boundary, potential for a bounce.
• MACD: pressure remains, but the histogram is slowing down.
• Stochastic: at the bottom of the range — a reversal upward is possible.
🎯 Trading plan
Main scenario: LONG from the support zone upon confirmation.
Targets:
1️⃣ 1.04 — ≈ +2%
2️⃣ 1.07 — ≈ +5%
3️⃣ 1.11 — ≈ +9%
Entry points:
🔹 Conservatively: after a confident bounce from EMA21 with a hold above 1.02.
🔹 Aggressively: breakout at 1.02 with a quick retest of the level.
⛔️ Stop-loss: below 0.97 (risk control is mandatory).
📌 Conclusion: the structure remains bullish, but confirmation is necessary. We work according to the trend, taking profits in parts and not ignoring risk management.
Trading 👉$FIL
{future}(FILUSDT)