$FIL : High Probability Short Setup 🔥

$FIL continues to show a clearly bearish structure.

On daily and 4H, the price remains below all key EMAs, confirming that the dominant trend still points downward.

Currently, on 1H, the price is testing a strong resistance at 1.316, while the momentum continues to weaken:

• The 1H RSI is deeply oversold (27.89) → weak bounces with no continuity.

• Any bullish attempt is being quickly rejected.

📌 Short entry trigger:

➡️ Rejection of the 15m RSI below 50

This would confirm that the bounce has ended and that the bearish momentum is regaining control.

🎯 Trade idea:

A short entry in this zone offers a continuation play within a strong established trend.

📉 $FIL Why act now?

The alignment between daily → 4H → 1H and the weakened momentum creates the perfect scenario for the next drop, with a high probability of continuation to lower levels.

FIL
FIL
1.342
+0.52%