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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.