$FIL is down 5.9 percent today and sitting near the bottom of its range
When you buy a coin just because it pumped earlier someone has to be unloading their bags onto you
Look at the math right now
$FIL hit a 24h high of $1.2139 and has dropped all the way down to $1.0942
That is sitting at just 12 percent of its daily range
Volume is drying up at 0.8 times the weekly average so buyers are simply not stepping in
The person selling to you at this price bought lower and is locking in gains while you take the risk
Always wait for volume to return before entering a fading trend
What is your main filter to avoid buying falling tokens
#FIL #TradingTips
When you buy a coin just because it pumped earlier someone has to be unloading their bags onto you
Look at the math right now
$FIL hit a 24h high of $1.2139 and has dropped all the way down to $1.0942
That is sitting at just 12 percent of its daily range
Volume is drying up at 0.8 times the weekly average so buyers are simply not stepping in
The person selling to you at this price bought lower and is locking in gains while you take the risk
Always wait for volume to return before entering a fading trend
What is your main filter to avoid buying falling tokens
#FIL #TradingTips