【$FIL Signal】Long | Breakout and Retest Confirmation

After completing the breakout on the 4H timeframe, $FIL is currently undergoing a healthy retest and chip exchange below the previous high resistance zone. Price action indicates that buying pressure is continuously absorbing selling volume in the 0.969-0.975 range. The 4H candlestick shows low volatility convergence, which is a typical cooling pattern after a breakout.

Key data confirmation: Despite the price increase, open interest (OI) remains stable, and Taker Volume shows active buying dominance. This rules out a short squeeze and suggests that the main force is systematically accumulating after pushing higher. The persistent negative funding rate (-0.0132%) provides a safety margin for the bulls and suppresses leveraged chasing.

🎯Direction: Long

🎯Entry: 0.972 - 0.978

🛑Stop Loss: 0.955 (Rigid stop loss, invalidates structure if broken)

🚀Target 1: 1.020

🚀Target 2: 1.050

Hardcore logic: After breaking through the supply zone at 0.96-0.97, there was no significant sell-off. Instead, a narrow consolidation formed at higher levels. The order book below 0.96 is heavily stacked with buy orders, forming a support wall. Market psychology reflects the classic "breakout-retest-confirmation" script. The low buy/sell ratio indicates panic selling has subsided, and the main force is patiently accumulating. As long as the stop loss is not broken, testing the liquidity gap above 1.02 is the probabilistic advantage path.

Trade here 👇 $FIL

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