๐จ $FIL APPROACHING HEAVY RESISTANCE ZONE AS BEARS PREPARE TO TRAP LATE BUYERS! ๐
Entry: 1.054 - 1.086 โก
Target: 1.035 - 0.980 ๐ฏ
Stop Loss: 1.160 โ ๏ธ
๐ $FIL is creeping directly into a high-density supply block between 1.054 and 1.086 where previous rallies were aggressively absorbed. Order flow shows institutional sellers stepping up to defend overhead liquidity and cap upside velocity. ๐
๐ก Momentum is visibly weakening on the retest, signaling an exhausted expansion move that favors a sharp leg lower. ๐ With risk strictly anchored above 1.160, the risk-to-reward strongly favors positioning for the unwind toward lower support targets.
๐ฌ Are you setting orders to capitalize on this rejection or waiting for breakdown confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #FIL #ShortSetup #Bearish #CryptoTrading #PriceAction
๐ป โก
Entry: 1.054 - 1.086 โก
Target: 1.035 - 0.980 ๐ฏ
Stop Loss: 1.160 โ ๏ธ
๐ $FIL is creeping directly into a high-density supply block between 1.054 and 1.086 where previous rallies were aggressively absorbed. Order flow shows institutional sellers stepping up to defend overhead liquidity and cap upside velocity. ๐
๐ก Momentum is visibly weakening on the retest, signaling an exhausted expansion move that favors a sharp leg lower. ๐ With risk strictly anchored above 1.160, the risk-to-reward strongly favors positioning for the unwind toward lower support targets.
๐ฌ Are you setting orders to capitalize on this rejection or waiting for breakdown confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #FIL #ShortSetup #Bearish #CryptoTrading #PriceAction
๐ป โก