【$FIL Signal】Bull-Bear Battle, 1H Level is About to Choose a Direction!

$FIL The 1H level is consolidating with decreasing volume near the critical support zone of 0.955-0.958. Meanwhile, the 4H level is caught between EMA20 (0.964) and EMA50 (0.961), and the balance between bulls and bears is about to break. Market depth data shows that buy orders below 0.95 are unusually thick, while sell orders above 0.965 are accumulating, creating short-term resistance. Open interest remains stable, and although the price is falling, it hasn't triggered panic among holders, suggesting that current selling pressure may come from short-term profit-taking rather than main force distribution. The 1H RSI is approaching the midline of 50, indicating a potential trend reversal is imminent.

🎯Direction: Wait and See (Await Breakout Confirmation)

⚡Order Strategy:

- Bull Breakout Order: If the price stabilizes above 0.965 (Reason: Breaks through 1H EMA20 and short-term heavy sell zone), go long.

- Pullback Entry: If the price retraces to 0.949-0.952 (Reason: Strong support zone from previous lows + near 4H EMA50), place a long position.

🛑Stop Loss: 0.942 (Reason: Break below the recent consolidation range's lower boundary).

🚀Target 1: 0.978 (Reason: Previous high resistance level).

🚀Target 2: 0.992 (Reason: 1.618 Fibonacci extension level).

🛡Trade Management:

- Position Size: Light (Reason: The trend is unclear, waiting for confirmation signals).

- Execution Strategy: If a breakout order is triggered, reduce position by 50% near Target 1, and move the stop loss of the remaining position to the entry price. If a pullback order is triggered, also reduce at Target 1, break even, and aim for higher targets.

Deep Logic: Market logic suggests “price decline combined with open interest analysis.” Currently, open interest is stable, indicating that the decline is not driven by large-scale long liquidation, more like a shakeout. The depth imbalance of 16.06% favors buyers, with over 2.5 million FIL buy orders below 0.95 providing a solid safety cushion. If a bottom formation occurs on the 1H level with volume increase, it will be an excellent short-term sniper opportunity.

View real-time quotes 👇 $FIL

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