šØ $FIL REJECTS OVERHEAD SUPPLY AS RECOVERY MOMENTUM COLLAPSES TOWARD SUPPORT š
Entry: 1.1380 - 1.1450 ā”
Target: 1.1232, 1.1100, 1.1000 šÆ
Stop Loss: 1.1580 š
The impulse move toward 1.19 met aggressive institutional rejection, leaving an exhaustive wick and shifting internal order flow back to the downside. š Sellers are systematically defending the overhead supply zone as upside momentum completely dries up.
A sustained structural breakdown beneath 1.1350 exposes untraded liquidity pools down toward 1.1000, while 1.1580 marks the clear structural invalidation threshold for this distribution model. š
š¤ Are you shorting this retest or waiting for 1.1350 to collapse first? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #FIL #ShortSetup #PriceAction #CryptoTrading #Filecoin
šÆ š¦
Entry: 1.1380 - 1.1450 ā”
Target: 1.1232, 1.1100, 1.1000 šÆ
Stop Loss: 1.1580 š
The impulse move toward 1.19 met aggressive institutional rejection, leaving an exhaustive wick and shifting internal order flow back to the downside. š Sellers are systematically defending the overhead supply zone as upside momentum completely dries up.
A sustained structural breakdown beneath 1.1350 exposes untraded liquidity pools down toward 1.1000, while 1.1580 marks the clear structural invalidation threshold for this distribution model. š
š¤ Are you shorting this retest or waiting for 1.1350 to collapse first? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #FIL #ShortSetup #PriceAction #CryptoTrading #Filecoin
šÆ š¦