Binance FILUSDT 1h Trend Prediction

FILUSDT has maintained a consolidating and upward trend over the past hour, with short-term candlestick charts indicating a bullish alignment. The price has repeatedly tested higher levels, accompanied by a moderate increase in trading volume. The upper Bollinger Band is positioned at 1.6. The price has approached it multiple times without significant pullbacks. Bandwidth remains relatively low, suggesting accumulation ahead of a breakout. The MACD green histogram has shortened, indicating decreasing bearish momentum and a potential bullish reversal signal at any time. The RSI across multiple timeframes remains below extreme overbought levels, implying room for further upward movement. The J line of the KDJ indicator dipped to 47 before halting its decline and turning upward, indicating limited short-term retracement potential and a high probability of rebound. In terms of capital data, large investors' long-to-short position ratio has reached 3.18, demonstrating a clear bullish preference among major players and indicating evident short-term capital driving forces. The active buy-sell ratio exceeds 1, suggesting market buying pressure is slightly dominant. Considering all signals, it is highly probable that FILUSDT will fluctuate upward over the next hour, with a target range of 1.60 to 1.62. If trading volume continues to increase, there is potential to test higher resistance zones. It is advisable to adopt a short-term trend-following strategy with light positions when dips occur. If the price retraces to around 1.57 without a significant breakdown, tentative long entries can be attempted with a stop loss at 1.53. Partial profit-taking can be considered near 1.62.