FIL / TetherUS

Dealing with resistance

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The target we can consider for FIL and expect a negative reaction from it is considered in the range of $4.08-$4.17. This buying pressure indicates that the price can continue the upward trend after a correction on the upper range of the previous channel. Note that the specified resistance, because it was the floor of the trading range channel in the past, can have a negative reaction at the first encounter with a very high probability.

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