🧪 Quick Analysis – FIL/USDT (1h)
😬 Things went bad in the short term…
The price of FIL has plummeted in the last few hours! It dropped from a high of $1.345 to a low of $1.224. Now it's breathing a bit at $1.248, still with a drop of -6.59% for the day.
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📉 Moving averages pointing down
The moving averages show weakness in the short term:
• MA7: $1.256 (above the current price)
• MA25: $1.285
• MA99: $1.328
💡 In other words: price below the averages = confirmed downtrend for now. The asset lost strength after an attempt to break out.
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📊 RSI trying to react…
• RSI(6): 38
• RSI(12): 36
• RSI(24): 36
👀 The RSIs are coming out of the oversold zone. It's still weak, but it may indicate a possible attempt at recovery if the price continues to move sideways or rises a little more.
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🔍 Volume decreasing
After a peak in volume during the strong drop, the volume has dried up quite a bit. This shows that selling pressure has weakened — consolidation may be coming 🧘♂️.
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🧱 Supports and Resistances
• Strong support: $1.22 – area where the price held well.
• Key resistance: $1.28 – needs to break to attract new buyers.
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🤔 And now?
If you are thinking of entering, it’s worth waiting for the breakout of $1.28 with volume to have more confidence 💪. If you are already in, it's a time for caution — the scenario is still delicate. ⚠️
