🔴 $FIL LONGS OBLITERATED — BIG MONEY SHAKEOUT ⚠️
A massive $32.4K long liquidation at $1.20 just ripped through FIL, clearing crowded longs and resetting leverage. This kind of wipe usually creates opportunity, not fear.
Market Insight:
This looks like a deep liquidity sweep. If FIL holds above the demand zone, a sharp mean-reversion bounce is possible. If buyers fail to defend, price can bleed into lower accumulation.
Key Levels:
Support: $1.20 – $1.18
Major Support: $1.14
Resistance: $1.26
Major Resistance: $1.32
Targets 🎯 (Bounce Setup):
TP1: $1.26
TP2: $1.32
TP3: $1.40
Stop-Loss ⛔:
Below $1.16 (clean breakdown)
📌 Summary:
Heavy longs flushed ✔️
Liquidity absorbed ✔️
Hold above $1.20 = bullish reaction zone 🚀
Trade smart — liquidity clears the path before the move 🔥
