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FIL's recent market movement is quite interesting. Looking back at the wave on November 7th, the 4-hour chart directly broke through the long-term downtrend line, and the price followed suit with a significant rebound.
This time is also a similar pattern—the 4-hour chart has once again broken through the downtrend, and now it is in the phase of a pullback after the rally. From a technical perspective, this position is a relatively critical zone.
The current idea is that if it can stabilize above this support level, there is a chance to see a profit potential of around 50%. Of course, the market is ever-changing, so we need to continue observing the candlestick performance, especially whether the trading volume can support the breakout.