$FIL — SHORT SETUP 🔴

SHORT $FIL
Entry: 1.55 – 1.58
SL: 1.62
TP1: 1.45
TP2: 1.32

FIL continues to underperform as DePIN tokens face sector-wide selling and broader market weakness weighs on mid-cap alts. Price has been repeatedly rejected at the $1.60 resistance zone, signaling supply dominance. Momentum is fading with RSI near neutral, suggesting limited bullish follow-through unless sentiment shifts. As long as price remains below $1.60, downside pressure toward January support levels is favored.
Risk is invalidated on a clean break and hold above resistance.

Trade $FIL here 👇

FILUSDT

Διην.

0.97

+0.31%