FIL 4H – Final Compression as Wedge Approaches ApexFIL / TetherUSBINANCE:FILUSDTBKVIPFIL on the 4H timeframe is currently trading around 0.940 inside a tightening wedge structure formed by a descending resistance trendline from the April 17 highs and a rising support trendline from the April 13 lows. Both trendlines are now converging very close to current price, with the descending resistance sitting near 0.970 and the rising support near 0.920. The wedge is approaching its apex and a directional move is imminent. Price has been making lower highs and higher lows inside this structure for nearly three weeks, with volatility contracting significantly. Key Levels To Watch 1.020 → Prior swing high, major resistance above 0.970 → Descending resistance trendline, upper boundary 0.940–0.950 → Current price, mid-wedge horizontal resistance 0.920 → Rising support trendline, lower boundary 0.880–0.890 → Below trendline support zone Below 0.841 → Full structure breakdown The wedge is in its final stages. Price is being squeezed between both boundaries with very little room left before a resolution is forced. A clean break and close above 0.970 descending resistance would resolve the wedge to the upside and open room toward 1.000–1.020. A breakdown below the rising support near 0.920 would resolve the wedge to the downside and expose price to 0.880–0.890 and below. This is a final compression setup at the apex. Break above 0.970 → wedge resolves bullish, eyes on 1.000–1.020. Lose 0.920 → wedge resolves bearish, pullback toward 0.880–0.890. Neutral inside wedge. Bias only on confirmed breakout or breakdown.