$FIL is experiencing renewed selling pressure as bearish momentum continues to weigh on price action. If buyers fail to reclaim the nearby resistance zone, FIL could face another move toward lower support levels. Watch for a clear rejection and bearish confirmation around the entry zone before considering a short position, as any strong recovery could weaken the current setup.

Trading Ideas Short $FIL

Entry: 1.14 - 1.18
SL: 1.24
TP1: 1.11
TP2: 1.07
TP3: 1.02

Stay patient, follow your trading plan, and manage risk carefully. Monitor the key levels and avoid entering without proper confirmation, as market conditions can change quickly.

DYOR (Do Your Own Research).