FIL slipped below the 4‑hour swing low and sellers are now eyeing the next 3% drop.
🔴 $FIL SHORT 📉
Entry $0.787212-$0.788788 | SL $0.811640 (-3.0%) | TP1 $0.776180 (+1.5%) | TP2 $0.748600 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character erupted on the 1‑hour as price broke the recent high, and CVD confirms volume flooding the short side. A fair value gap sits right over an order block, creating a point of interest where the two overlap, and the market is now carving a descending channel.
A 3% stop is fairly tight given the current swing, so keep leverage modest at about 2‑3x.
Take half profit at the first target to lock in the initial risk‑reward.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$FIL #FILUSDT #THORChain #TradingSignals #Write2Earn
🔴 $FIL SHORT 📉
Entry $0.787212-$0.788788 | SL $0.811640 (-3.0%) | TP1 $0.776180 (+1.5%) | TP2 $0.748600 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character erupted on the 1‑hour as price broke the recent high, and CVD confirms volume flooding the short side. A fair value gap sits right over an order block, creating a point of interest where the two overlap, and the market is now carving a descending channel.
A 3% stop is fairly tight given the current swing, so keep leverage modest at about 2‑3x.
Take half profit at the first target to lock in the initial risk‑reward.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$FIL #FILUSDT #THORChain #TradingSignals #Write2Earn