$FIL is showing clear weakness after breaking down from the inverse cup-and-handle pattern.
Price has lost the key support zone and is now trading below both the 9 EMA and 50 SMA, confirming bearish momentum.
Unless $FIL reclaims the breakdown area quickly, the downside remains the higher-probability path.
Watch the retest. The reaction there could define the next move.
#FIL #Crypto #Trading
Price has lost the key support zone and is now trading below both the 9 EMA and 50 SMA, confirming bearish momentum.
Unless $FIL reclaims the breakdown area quickly, the downside remains the higher-probability path.
Watch the retest. The reaction there could define the next move.
#FIL #Crypto #Trading