FIL recently showed notable volatility, with trading volume surging 87.5% within 30 minutes. Such a sharp increase in trading volume typically indicates a significant rise in market participation, often signaling that a market move is about to commence.

Current FIL price is at 1.492 USDT, with a key support level positioned at 1.493. Interestingly, this support level is almost aligned with the 1-hour baseline level, demonstrating the importance of this price level. The entire support zone ranges between 1.493-1.501, which is relatively tight.

From a trading perspective, the price has approached this critical support level, and long opportunities are emerging. Consider placing buy orders around 1.493 to establish long positions. If the price can effectively break through, the resistance level is at 1.529, which can serve as a profit-taking target.

Volume expansion rarely occurs without reason, and subsequent price movements warrant close monitoring.