$FIL JUST ENTERED THE DANGER ZONE.
FILUSDT Futures exploded from roughly $0.80 into $1.03, but the H1 structure now looks less like a clean breakout and more like a potential Wyckoff distribution.
The buying climax printed near $1.0347 with the largest volume expansion in the sample. Price then rejected sharply to $0.9325, recovered, and tested the highs again—but failed to establish acceptance above the original peak.
From an SMC perspective, $0.975–$1.035 is now the key supply zone. The latest CLOSED H1 candle finished at $0.9633, below that supply, while momentum cooled.
But this is the important part: the bearish move is NOT confirmed yet.
My trigger is an H1 close below $0.9325. That would confirm a bearish BOS and open the path toward $0.90, followed by the $0.855–$0.82 breakout base where the imbalance began.
The invalidation is equally clear: an H1 close and acceptance above $1.035 would break the distribution thesis and put price discovery back on the table.
Current decision: WAIT — do not chase the pump, and do not front-run the breakdown.
Smart Money often creates maximum excitement near the exact area where risk quietly changes hands.
Which level breaks first: $1.035 or $0.9325? 👀
Paper analysis only. Not financial advice.
#FIL #Wyckoff #SMC
FILUSDT Futures exploded from roughly $0.80 into $1.03, but the H1 structure now looks less like a clean breakout and more like a potential Wyckoff distribution.
The buying climax printed near $1.0347 with the largest volume expansion in the sample. Price then rejected sharply to $0.9325, recovered, and tested the highs again—but failed to establish acceptance above the original peak.
From an SMC perspective, $0.975–$1.035 is now the key supply zone. The latest CLOSED H1 candle finished at $0.9633, below that supply, while momentum cooled.
But this is the important part: the bearish move is NOT confirmed yet.
My trigger is an H1 close below $0.9325. That would confirm a bearish BOS and open the path toward $0.90, followed by the $0.855–$0.82 breakout base where the imbalance began.
The invalidation is equally clear: an H1 close and acceptance above $1.035 would break the distribution thesis and put price discovery back on the table.
Current decision: WAIT — do not chase the pump, and do not front-run the breakdown.
Smart Money often creates maximum excitement near the exact area where risk quietly changes hands.
Which level breaks first: $1.035 or $0.9325? 👀
Paper analysis only. Not financial advice.
#FIL #Wyckoff #SMC
