This breakdown was clean, and price is respecting it so far 👇

After repeated rejections from the upper range, $FIL lost its key support and flushed with momentum. The current bounce is weak and looks like a retest of the breakdown zone rather than a real reversal. As long as price stays below this level, the bearish structure remains intact and continuation to the downside is favored.

Short Trade Setup

Entry: 1.22 – 1.25

Take Profit: 1.18 / 1.14

Stop Loss: 1.30

Structure is clear — manage risk and let sellers do the work.