$FIL Long Liquidation at 1.213

Late longs got trapped as price dipped into a shaky zone. Momentum cooled but sellers are not fully in control yet.

Levels to watch

Support: 1.18 – 1.20

Resistance: 1.30 – 1.34

Trade plan

Buy: 1.19 – 1.21

Target: 1.30+

SL: below 1.15

Outlook

Hold support for a bounce. Break it and downside risk expands.

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$FIL

FIL
FIL
1.041
-2.43%