【$FIL Signal】Long - 1H strong breakout, capital inflow drives short squeeze

$FIL The 1H timeframe has strongly broken above the EMA20/EMA50 cluster and stabilized above the previous high resistance at 0.958, forming a short-term upward channel. The 4H timeframe has even more clearly broken through the long-term downtrend line with increased volume, indicating a trend reversal signal. Currently, the price is consolidating around 0.96, open interest remains stable but the price is firm, combined with positive funding rates, indicating potential for a short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 0.958 - 0.962 (Reason: 1H timeframe has broken through and retested the confirmation zone, previous high resistance has turned into support)

🛑Stop Loss: 0.945 (Reason: Break below the start of the 4H large bullish candle and EMA50 support, ATR-based stop loss)

🚀Target 1: 0.985 (Reason: Previous wave high resistance)

🚀Target 2: 1.015 (Reason: Fibonacci 0.382 retracement level on the daily chart)

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: Multi-timeframe resonance, risk-reward ratio >1.5)

- Execution strategy: After reaching 0.985, reduce position by 50% and move stop loss up to entry price 0.958. Hold the remaining position to target the second goal; if the 1H closing price falls below 0.958, exit all positions.

Deep logic: Three consecutive volume-increasing bullish candles on the 4H chart, dominated by buyers. The 1H RSI(73) is relatively high but not overbought, indicating strong momentum. Market depth shows large buy orders accumulated in the 0.945-0.955 range, forming solid support. Open interest remains stable during the price rise, indicating not just short covering but new long capital entering. Market logic suggests ‘price rising,’ combined with stable open interest, indicating bullish main force driving the market.

Trade here 👇 $FIL

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