$FIL has already seen two massive manipulation moves. First the dump of around -78%, followed by a +200% expansion into the upper zones. Since then, price has been moving sideways, respecting the local support zone while repeatedly reacting around the 200 EMA.
Right now it’s a clear decision area. A reclaim and hold above the 200 EMA would open the door for upside continuation. On the other hand, a clean breakdown below the local support would shift control back to sellers and open lower levels. We wait for either acceptance above the EMA or acceptance below support before acting. #FILPriceAnalysis
