Technical analysis by BroLal about Symbol FIL: Buy recommendation (12/1/2025)

Volume anomaly: 978 million FIL traded on Binance in a single monthly session, exceeding the entire circulating supply (721M). This suggests high-frequency trading, derivatives activity, aggressive positioning or wash trading. Technical Picture: Descending channel intact, with price still compressed near the lower boundary. Rejection at 50 EMA ($1.85), now acting as strong dynamic resistance. Price holding above key support at $1.48, aligning with recent demand zone. MACD is flat but gradually recovering – early signs of momentum shift. RSI at 45, showing low momentum, but divergence from price may indicate hidden strength. Fibonacci Structure: 0.236 Fib at $2.24 is still the key upside pivot to watch for any breakout. Downside risk remains capped as long as price holds above $1.48. Conclusion: Despite volatility, extreme volume implies something is building behind the scenes. Watch for a breakout above $1.85–$2.24 for confirmation. Until then, FIL remains in a consolidation phase near support, offering potential accumulation opportunity with measured risk.