🚨 FIL SHORTS GET SQUEEZED — $50.5K WIPED OUT!

🟢 Filecoin (FIL) Short Liquidation: $50,500 at $1.146

Bearish traders just took another hit! A reported $50.5K in FIL short positions was liquidated around $1.146, putting this level on the radar for the next trading move. The key question is whether buyers can build on the upward pressure or sellers will regain control.

📊 FIL Trading Radar

- Key Pivot: $1.146
- Resistance to Challenge: $1.160–$1.175
- Breakout Watch: $1.180
- Support Zone: $1.130–$1.140
- Bearish Warning: A sustained drop below $1.130 could undermine the recovery setup.

🎯 My Market Read: Bulls Have a Chance

The short-term outlook leans cautiously bullish if FIL holds above $1.146 and buying volume strengthens. A clean push through $1.160 could open the way toward $1.175–$1.180. But if price rejects resistance and loses support, the liquidation-driven momentum may fade quickly.

⚡ Trade Strategy: Watch for a confirmed break above resistance or a clear rejection before entering. Let price action—not excitement—decide the setup.

⚠️ Risk Disclaimer: The liquidation figure is a reported event, not proof of a trend reversal. Technical levels above are illustrative and require confirmation against a live chart. Manage risk and avoid excessive leverage.

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