FIL is trading near multi-year support between $2.50–$2.90.
Downtrend persists, but momentum is flattening.
MACD on 1W nearing a bullish cross after long suppression.
Volume is gradually increasing — early accumulation signals.
Price is compressing under 50/100 EMA on both daily and weekly.
Funding rate remains negative → crowd is still short.
Risk-reward is asymmetric.
If price reclaims $3.35, breakout structure is confirmed.
First targets: $4.00, then $6.50 (macro lower high).
Stop invalidation below $2.40.
Setup favors patient positioning.
Downtrend persists, but momentum is flattening.
MACD on 1W nearing a bullish cross after long suppression.
Volume is gradually increasing — early accumulation signals.
Price is compressing under 50/100 EMA on both daily and weekly.
Funding rate remains negative → crowd is still short.
Risk-reward is asymmetric.
If price reclaims $3.35, breakout structure is confirmed.
First targets: $4.00, then $6.50 (macro lower high).
Stop invalidation below $2.40.
Setup favors patient positioning.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.