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The recent trading activity of FIL is worth following. In the past half hour, the transaction volume suddenly surged, with an increase of 25.4%. Such fluctuations are usually not without reason.
From a price perspective, FIL is currently fluctuating around 1.278 USDT. The real highlight is below—at the 1.275 USDT level, which has formed a benchmark support on the 1-hour chart, just 0.23% away from the current price. There is also a support range below between 1.269 and 1.275.
The sharp increase in trading volume is often a signal before the market starts. When the main funds begin to become active, it usually indicates that there will be significant fluctuations ahead. In this context, positions close to the support level have become noteworthy entry points for long positions. Many traders have already placed orders around 1.275, waiting for a rebound opportunity.
In simple terms, closely follow the subsequent performance of FIL, especially to see if it can gain support at the support level, as the rebound space may be worth looking forward to.