Filusdt Trading opportunitySo excited to announce that FILUSDT has completed a major downtrend wave cycle, and our analysis suggests that the market is now poised for a bullish move as soon as the major TRENDLINE holding as immediate resistance break. We anticipate that the price of FILUSDT will move towards the 61.8% Fibonacci retracement zone, which we expect to act as a major resistance for the BULL.
Moreover, we anticipated a potential Inverse Head and Shoulder pattern in the charts, which further supports our bullish analysis. The pattern suggests that the price of FILUSDT will continue to rise, providing a potential opportunity for traders to enter long positions.
We advise traders to watch for a clear break above the resistance level before taking long positions or make a Long position from the RIGHT SHOULDER zone. Additionally, the 61.8% Fibonacci retracement zone should act as a strong resistance level, and we recommend taking Long profit around this level.
Our analysis suggests a potential upside target of $42-$56 for FILUSDT. However, traders should remain cautious and monitor price action closely, as unexpected events can always occur in the markets.
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