【$FIL Signal】Long | 1H breakout pullback confirmation, main force clearly intends to support the price

$FIL The 1H timeframe is consolidating strongly above EMA20, just confirmed a breakout and pullback of the previous high at 0.952. A massive bullish candle on the 4H chart engulfs the previous consolidation zone, indicating main capital inflow. Although current open interest remains stable, the price is holding firm at high levels. This is a typical support and accumulation signal, and short-term momentum is about to be released again.

🎯Direction: Long (Long)

🎯Entry/Order: 0.952 - 0.955 (Reason: 1H EMA20 support and breakout pullback confirmation zone )

🛑Stop loss: 0.938 (Reason: Break below the 4H bullish candle start point and EMA50 dense support zone )

🚀Target 1: 0.975 (Reason: Previous wave high resistance level )

🚀Target 2: 0.995 (Reason: 1.618 Fibonacci extension level )

🛡️Trade management:

- Position size suggestion: Standard position (Reason: 1H/4H resonance breakout, clear structure )

- Execution strategy: After the price reaches 0.975, reduce position by 50% and move stop loss to entry price 0.952. Hold the remaining position to aim for the second target. If the 1H close drops below 0.945, exit all.

Deep logic: Market logic indicates an upward trend. Combined with the massive bullish candle on the 4H chart (buy/sell ratio 0.52) and stable holding volume, this is not a short squeeze but active buying by main forces. The 1H RSI(59.84) is healthy, far from overbought, with ample room for upward movement. Order book shows heavy buy orders accumulated between 0.938-0.945, forming a strong support cushion. Currently at a critical turning point; avoiding deep retracement signifies strength.

View real-time quotes 👇 $FIL

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包