The chart for FIL/USDT on the 4-day timeframe shows a promising

📊 Technical Analysis Summary – FIL/USDT
🔸 Pattern Observed:
Double Accumulation Range: Two clear consolidation phases are boxed out in the chart, showing accumulation at relatively equal support zones.

Descending Support Line: The lower black trendline connects the major lows, creating a descending support structure, indicating compression and possible breakout setup.

🔸 Price Action:
Current Price: $2.787

Pullback Expected: A minor dip within the current range is possible before a breakout.

Projected Move: If this consolidation resolves bullishly, the projected target appears to be in the $8–$9 range, aligning with the black arrow on the chart.

📈 Bullish Scenario (Likely Path)
Retest support near $2.5–$2.6

Breakout trigger on move above ~$3.2–$3.4

Target zone = $8–$9 (from measured move potential)

⚠️ Key Levels to Watch
Support: $2.50 (critical zone for accumulation)

Resistance to break: ~$3.30–$3.50

Macro Target: $8.50+

✅ Conclusion:
This chart shows a potential reversal from a prolonged downtrend, where the price is forming a classic reversal structure. Patience is key—a breakout above $3.5 would confirm the bullish move.