🚨 $FIL Update
$FIL is stuck in a tight range with a clear bearish bias. Price is chopping between $1.26 – $1.35, but momentum is weak and buyers look tired.
That massive dump with 1.19B volume was pure capitulation. Since then? No real bounce, no strong follow through.
Volume:
Recent candles around $87M. Flat. No conviction. Market looks exhausted.
Flows don’t lie:
Perps: Short-term noise, but 12h–7d net outflow ~ -$29M
Spot: Steady sell pressure, - $6.6M over the week
Sellers still in control.
Key Levels:
Resistance: $1.413 strong wall → sell rallies
Support: $1.262 → lose this and downside accelerates
Bigger picture: Rejection from $3.97 = classic distribution
My $FIL Trade Plan:
Bearish bias
Short near $1.413 or on clean break below $1.26
SL: $1.46
Targets: $1.184 → $1.057
FILUSDT Perp
Price: $1.28 (-0.77%)
Only flip neutral or bullish if we reclaim and hold $1.413 with real volume. Until then, structure says sell the rallies.
Trade shutup.
Let’s go and Trade now $ 🔥
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