$FIL: Another Rejection Could Send Price Lower

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FIL has been rejected from the $1.20–$1.26 resistance zone several times, and so far, buyers haven't been able to break through it. This is a level worth watching closely because every attempt to move higher has faced selling pressure.

If FIL gets rejected here again, especially if it breaks below the rising trendline, I’m watching $0.96 as the next support level. If that level fails to hold, price could move further down toward $0.81, which is another important support zone on the chart.

For now, I want to see how price reacts around this resistance. A strong breakout above $1.26 could change the outlook, but another rejection may lead to another move lower. The next move depends on how price behaves at these key levels.

#FIL #Filecoin #CryptoTrading #LEO524

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.