๐ฅ FIL getting crushed โ -8.15% drop. Capitulation or buying opportunity?
๐ $FIL โ Full Technical Breakdown
๐น Price Action:
โข Entry: $1.05 (-8.15% 24h)
โข Support: $1.04 | Resistance: $1.16
โข Pivot: $1.08
๐ Momentum:
โข RSI(14): 20.0 โ oversold - reversal opportunity
โข MACD bearish crossover, histogram negative - selling pressure
๐ MA Structure:
โข EMA20: $1.09 | EMA50: $1.11
โข Bearish alignment: Price < EMA20 < EMA50. Every rally is a sell.
๐ฏ Actionable Setup:
โข Bias: NEUTRAL
โข Target 1: $1.16 | Target 2: $1.19
โข Stop: $1.02
โข R:R = 1:3.7
๐ฅ Long or short? Drop your thesis below ๐
$FIL $AR
#FIL #TechnicalAnalysis #CryptoTrading #PriceAction
๐ $FIL โ Full Technical Breakdown
๐น Price Action:
โข Entry: $1.05 (-8.15% 24h)
โข Support: $1.04 | Resistance: $1.16
โข Pivot: $1.08
๐ Momentum:
โข RSI(14): 20.0 โ oversold - reversal opportunity
โข MACD bearish crossover, histogram negative - selling pressure
๐ MA Structure:
โข EMA20: $1.09 | EMA50: $1.11
โข Bearish alignment: Price < EMA20 < EMA50. Every rally is a sell.
๐ฏ Actionable Setup:
โข Bias: NEUTRAL
โข Target 1: $1.16 | Target 2: $1.19
โข Stop: $1.02
โข R:R = 1:3.7
๐ฅ Long or short? Drop your thesis below ๐
$FIL $AR
#FIL #TechnicalAnalysis #CryptoTrading #PriceAction
