$FIL TESTING MAJOR RESISTANCE – SHORT SETUP ACTIVE 👀
Entry: 0.698 – 0.722 🔥
Target: 0.668 🚀
Stop Loss: 0.770 ⚠️
This resistance zone has rejected price twice in the past three weeks, each time leading to a sharp 6-8% decline. Volume is declining on the rally, suggesting buyers are losing conviction at these levels. The R:R on moving down to the first target sits near 1:2 — a structured short opportunity.
Are you comfortable shorting a third touch of this zone, or do you need to see a rejection candle first?
Not financial advice. Always manage your risk.
#FIL #ShortSetup #Resistance #Crypto
👀
Entry: 0.698 – 0.722 🔥
Target: 0.668 🚀
Stop Loss: 0.770 ⚠️
This resistance zone has rejected price twice in the past three weeks, each time leading to a sharp 6-8% decline. Volume is declining on the rally, suggesting buyers are losing conviction at these levels. The R:R on moving down to the first target sits near 1:2 — a structured short opportunity.
Are you comfortable shorting a third touch of this zone, or do you need to see a rejection candle first?
Not financial advice. Always manage your risk.
#FIL #ShortSetup #Resistance #Crypto
👀