FIL is setting up an interesting setup on the 12-hour timeframe. The bullish pennant pattern has broken to the upside, and the technical setup suggests strong momentum building. Short-term projections are looking at a 50-60% rally from current levels if buyers maintain control. The consolidation phase appears to be over, and we could be entering an explosive move. Worth keeping an eye on the support levels during any pullbacks to validate the strength of this move.
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OnChainArchaeologist
· 13h ago
FIL's recent breakdown is interesting; is the pennant about to explode? I'll keep an eye on the 50-60% range, and hopefully it doesn't just fake out again.
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SatoshiLeftOnRead
· 13h ago
Hey, fil looks pretty good this wave, breaking out and rising... but the key still depends on how long the buyers can hold up. 50-60% sounds tempting but can also quickly turn around.
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SadMoneyMeow
· 13h ago
If this wave of FIL can really reach 50-60%, I'll be rich haha. I'm just worried it might be another false alarm.
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ChainBrain
· 13h ago
Fil is coming again? Will it really go up this time or is it just another fake-out? Let's see.
FIL is setting up an interesting setup on the 12-hour timeframe. The bullish pennant pattern has broken to the upside, and the technical setup suggests strong momentum building. Short-term projections are looking at a 50-60% rally from current levels if buyers maintain control. The consolidation phase appears to be over, and we could be entering an explosive move. Worth keeping an eye on the support levels during any pullbacks to validate the strength of this move.