📉 Signal ID: #B187 | FIL/USDT Short Position
The FIL/USDT pair is showing signs of exhaustion within a confirmed daily downtrend. Despite some short-term bullish MACD activity, the 4H structure remains weak, with the price currently squeezed against the upper Bollinger Band. This setup typically precedes a downside breakout as the EMA ribbons align in a bearish formation. 🐻
The trend indicates that sellers are waiting for a rejection at these levels to push the price back into the primary downward channel.
🛡️ Trade Setup & Targets
* ⚡ Entry Zone: 0.8438 – 0.8468
* 🎯 Take Profit Targets: 0.8188 | 0.7993 | 0.7949 | 0.7915 | 0.7624
* 🛑 Stop Loss: 0.8850
💡 Market Insight: As long as the price stays below the 0.8850 invalidation point, the bearish bias remains intact. A successful rejection here could trigger a sharp move toward the 0.7624 final target.
#Filecoin #FIL #CryptoSignals #ShortTrade #TradingStrategy $FIL
