FIL has recently shown a stepwise recovery trend, which is quite interesting. Currently, the price is steady around 1.60, standing above the short-term, 25-hour, and 99-hour moving averages. This setup is actually quite healthy.

Looking upward, if it can cleanly break through the 1.62 to 1.66 range, theoretically there's a chance to test the 1.70-1.80 area—which was the previous high.

On the downside, keep an eye on support: the 1.55-1.59 zone is near the 25-hour moving average and serves as the first line of defense; stronger support lies at the swing low of 1.429.

In terms of trading volume, there was indeed a spike in buying during the rally, but it has now contracted. However, as long as the price holds above the moving averages, the uptrend remains intact. In the short term, the key is whether it can maintain this moving average combination—if that breaks, a reassessment will be necessary.