🔥 Everyone is shorting $FIL right now — that's exactly why I'm watching this level closely.

$FIL/USDT — LONG Setup

📍 Entry: 0.713 – 0.719

🛑 Stop Loss: 0.688

🎯 TP1: 0.737

🎯 TP2: 0.752

🎯 TP3: 0.773

Why this setup?

• The higher timeframe (1D) remains bearish, but the 4H structure is showing a potential bullish shift with increasing momentum.

• Entry around 0.716 offers a defined risk profile, with a stop below key support at 0.688.

• RSI on the 15M timeframe remains neutral, indicating there's still room for an upside squeeze if buyers step in.

• 1H ATR remains compressed, often a precursor to a volatility expansion and directional move.

• With market sentiment leaning heavily bearish, any strong push above resistance could trigger short covering and accelerate the rally.

⚠️ Risk Management First: This is a counter-trend setup against the broader daily trend. Wait for confirmation and stick to your trading plan.

📊 The Question:

Are you buying the dip around 0.716, or are you waiting for a deeper retest near 0.688 before getting involved?

👇 Share your view below and let's discuss the next move for $FIL #fil ADAFallsToLate2020LowsAt$0.16#IranWarnsOfHormuzStraitClosure #USDTMarketCapOvertakesEthereum