🐻 $FILECOIN UNDER PRESSURE — $150K LONG LIQUIDATION!
Filecoin bulls are struggling to maintain control! A total of $150,000 in leveraged FIL long positions has been wiped out at $0.738. This liquidation adds to the bearish pressure and puts the next support zones in the spotlight.
📊 LIQUIDATION REPORT
- Asset: Filecoin (FIL)
- Liquidated Side: Long
- Liquidation Volume: $150,000
- Liquidation Price: $0.738
🎯 IMPORTANT PRICE LEVELS
- Immediate Resistance: $0.764
- Major Resistance: $0.780–$0.806
- First Support: $0.722
- Critical Support: $0.700
- Next Downside Zone: $0.673
📉 WHAT'S THE NEXT MOVE FOR FIL?
My short-term outlook remains bearish. FIL is showing weak momentum, and sellers currently have the advantage.
🔻 Bearish Scenario: If FIL loses $0.722 decisively, the next downside area could be $0.700–$0.673.
🟢 Bullish Recovery: A strong reclaim of $0.764 could encourage buyers to target $0.780, followed by $0.806.
⚡ PRO TRADING STRATEGY
My preference is to wait for a confirmed breakdown below $0.722 before considering a short position. If FIL recovers above $0.764 and holds, the bearish setup needs reassessment.
🔥 FINAL VERDICT: BEARISH BIAS
The $0.722 support is the key level to monitor. Losing this zone could expose FIL to another wave of selling pressure.
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