FIL Oscillation Consolidation, Support and Resistance Point Analysis

Market Analysis

Current FIL price is $5.556, the 4-hour chart shows signs of oscillation consolidation:

1. Moving Average Performance: MA7 ($5.608) is turning down, short-term under pressure; MA25 ($5.442) provides short-term support; MA99 ($5.153) is steadily rising, long-term trend is bullish.

2. MACD Indicator: Green momentum bars have appeared, DIF crosses below DEA, bearish strength is starting to increase.

3. Trading Volume: Volume has decreased, bullish momentum is insufficient, the market is in a short-term adjustment state.

Key Points

• Support Levels: $5.540 (short-term support), $5.440 (strong support)

• Resistance Levels: $5.600 (short-term resistance), $5.750 (key resistance)

Operational Suggestions

1. Long Strategy:

• Entry Point: $5.540-$5.560

• Stop Loss Point: $5.440

• Target Levels: $5.600, $5.750

2. Short Strategy:

• Entry Point: $5.600-$5.750

• Stop Loss Point: $5.800

• Target Levels: $5.560, $5.440

Direction Prediction

In the short term, it may continue to test the $5.540 support; if stable, it is expected to rebound to $5.600; if it breaks below $5.440, it will test the long-term support at $5.153.

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