$FIL saw a $5.0694K long liquidation at $1.19355, indicating that leveraged longs were flushed around this level. This creates a key liquidity reference as the market searches for its next imbalance.
Support: $1.19355
Resistance: $1.19355
Next Target: Lower liquidity if support breaks
A strong reclaim could signal absorption and recovery, while continued rejection would favor further downside. Wait for confirmation before chasing the move. ⚠️
Let’s go $FIL 🚀