【$FIL Signal】Pullback to add longs + 1H level bottom formation, clear signs of main force supporting the market

$FIL The 1H level is oscillating around the critical support zone of 0.93-0.94, forming a bottom. The price has tested multiple times without effectively breaking below, indicating strong buying support below. Although the 4H level is in a sideways downward channel, open interest remains stable, with no signs of panic selling. Coupled with negative funding rates, there is a potential for short squeeze rebounds. The current price is close to the optimized entry zone, making it a sniper point for a rebound.

🎯Direction: Long

⚡Entry/Order: 0.93 - 0.935

🛑Stop Loss: 0.90

🚀Target 1: 0.99

🚀Target 2: 1.02

🛡️Trade Management:

- Execution Strategy: When the price reaches 0.99 (Target 1), reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 0.935 to achieve zero-risk trading. If the price fails to break upward and instead falls back into the lower end of the entry zone, consider the structure invalid and exit decisively.

Deep Logic: Market depth data shows that buy orders in the 0.93-0.928 zone below are unusually thick, forming a strong support wall. The 1-hour RSI stabilizes around 48, moving out of the oversold zone, indicating momentum is beginning to recover. Despite recent price declines, open interest has not decreased significantly, suggesting it may not be main force distribution but rather long leverage liquidation. Negative funding rates further increase short position costs, creating conditions for a short-term rebound.

View real-time market 👇 $FIL

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