FIL's trend in the past 24 hours is relatively stable, with limited Fluctuation in price, indicating an increasing support for this currency in the market. Especially after the opening, the FIL price rose slightly from $5.0636 to $5.1267, indicating a relatively strong buying pressure in the short term.



Trading Strategy Recommendation
Short-term trading strategy:

Given the current positive price movement, it may be worthwhile to consider buying on dips near $4.90 in the short term in order to profit from the short-term rebound.

If the FIL price breaks through $5.20, it is suggested to gradually exit and lock in profits.

Risk control:

Due to the overall Fluctuation of the market, it is recommended to set a stop-loss position and control it below $4.90 to prevent potential downside risk.

Stay vigilant and pay attention to the price movements of other related currencies such as AAVE, which may affect the performance of FIL.

Long-term investment:

From a long-term perspective, if you are optimistic about the fundamentals of FIL, you can gradually build positions in the market during the pullback to reduce the overall risk.
FIL1,22%
AAVE0,54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)