FIL's Downward Spiral: Is This the End? 📉

Entry: market at 1.311266 – 1.320734 🟩

Target: 1.259192 🎯

Stop Loss: 1.344404 🛑

The charts are screaming BEARISH for $FIL. Price is getting crushed below all major EMAs on daily and 4h. Now, the 1h chart is hitting a critical resistance at 1.316. Momentum is dead, with the 1h RSI sitting at a deeply oversold 27.89. Any small bounce here is likely to get smacked down. Watch for a 15m RSI rejection below 50 to confirm the next massive leg down. This is the setup we've been waiting for. 🚀

This is not financial advice.

#FIL #Crypto #Trading #BearMarket #Altcoins 🐻

FILUSDT

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