🚨 $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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