🚨 $FIL /USDT BEARISH PRESSURE BUILDING — LOWER LEVELS INCOMING! 🚨
$FIL remains trapped below major moving averages, with price trading at 0.784 while both MA(25) and MA(99) continue to slope downward. The recent rejection near 0.80 suggests sellers are still in control, and unless bulls reclaim key resistance zones, the next move favors a continuation toward lower support levels.
📉 Trade Setup
Entry Zone: 0.780 – 0.795
Take Profit 1: 0.740
Take Profit 2: 0.700
Take Profit 3: 0.670
Stop Loss: 0.825
📊 Market Outlook
Momentum remains weak as FIL trades below the 25-period and 99-period moving averages, confirming a broader bearish trend. The 0.80–0.85 region is acting as strong resistance, while 0.74 remains the first key support. A breakdown below 0.74 could accelerate selling pressure toward 0.70 and potentially 0.67. Bulls need a decisive breakout above 0.85 to invalidate the bearish structure.
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