【Crypto World】FIL has shown several stable signals on the daily chart. The recent selling wave has eased, and bullish traders are beginning to test higher price levels. In the short term, the price is gradually approaching the trend zone, but from a medium-term perspective, the downtrend is still ongoing.
On the technical side, $1.188 is a key support level, holding very firmly. Looking upward, around $1.374 is an initial resistance. Once the price breaks through this resistance, it indicates that buying momentum is strengthening; conversely, if the price falls below the $1.188 line, it could trigger another wave of selling pressure.
From the order book, it can be seen that buy orders below are quite strong, but there are many sell orders above, and this stalemate suggests that in the short term, the price will fluctuate within this range, making rapid breakthroughs unlikely.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
TestnetFreeloader
· 4h ago
1.374 Will it really break? I'm a bit unsure.
View OriginalReply0
RealYieldWizard
· 11h ago
1.374 this critical level really needs to hold, or it will drop again later
View OriginalReply0
GateUser-3824aa38
· 11h ago
1.374 is really a tricky level, feeling like it's being repeatedly rubbed and tested.
View OriginalReply0
NotSatoshi
· 11h ago
1.374 cannot be broken, it's the fate of repeatedly smashing the market. This market is deadening.
View OriginalReply0
Ser_This_Is_A_Casino
· 11h ago
1.374 is still too far away; we need to wait for market sentiment to improve.
FIL daily chart stabilizes above a key support level, with $1.374 becoming the breakout focus
【Crypto World】FIL has shown several stable signals on the daily chart. The recent selling wave has eased, and bullish traders are beginning to test higher price levels. In the short term, the price is gradually approaching the trend zone, but from a medium-term perspective, the downtrend is still ongoing.
On the technical side, $1.188 is a key support level, holding very firmly. Looking upward, around $1.374 is an initial resistance. Once the price breaks through this resistance, it indicates that buying momentum is strengthening; conversely, if the price falls below the $1.188 line, it could trigger another wave of selling pressure.
From the order book, it can be seen that buy orders below are quite strong, but there are many sell orders above, and this stalemate suggests that in the short term, the price will fluctuate within this range, making rapid breakthroughs unlikely.