Trade Setup 🎯$FIL Short 🔴
✅Entry: $0.804 - $0.807
TP1: $0.799
TP2: $0.790
TP3: $0.782
🛑Stop Loss (SL): $0.816
$FIL is looking heavy here. After failing to hold the $0.815 resistance, the price has slipped below key moving averages on the 15m chart. The trend is shifting bearish, and we’re seeing a classic "lower high" formation.
🔍 Technical Overview
Trend: Bearish on lower timeframes. Price is trading below EMA(25) and EMA(99), signaling strong overhead pressure.
Price Action: Rejection at $0.815 followed by a breakdown of the $0.807 support level.
Volume: Selling pressure is picking up on the red candles.
⚠️ Key Levels to Watch
Resistance: $0.807, $0.815
Support: $0.799, $0.793
Note: If Bitcoin makes a sudden move, all alts will follow. Keep your risk managed!
FIL
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