🔥 FIL getting crushed — -6.71% drop. Capitulation or buying opportunity?
📊 $FIL — Full Technical Breakdown
💹 Price Action:
• Entry: $1.09 (-6.71% 24h)
• Support: $1.07 | Resistance: $1.18
• Pivot: $1.11
📈 Momentum:
• RSI(14): 45.3 — neutral zone
• MACD bearish crossover, histogram negative - selling pressure
🔗 MA Structure:
• EMA20: $1.05 | EMA50: $0.96
• Golden structure: Price > EMA20 > EMA50. Trend is your friend.
🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $1.18 | Target 2: $1.21
• Stop: $1.05
• R:R = 1:2.1
🔥 Long or short? Drop your thesis below 👇
$FIL $AR
#FIL #TechnicalAnalysis #CryptoTrading #PriceAction
📊 $FIL — Full Technical Breakdown
💹 Price Action:
• Entry: $1.09 (-6.71% 24h)
• Support: $1.07 | Resistance: $1.18
• Pivot: $1.11
📈 Momentum:
• RSI(14): 45.3 — neutral zone
• MACD bearish crossover, histogram negative - selling pressure
🔗 MA Structure:
• EMA20: $1.05 | EMA50: $0.96
• Golden structure: Price > EMA20 > EMA50. Trend is your friend.
🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $1.18 | Target 2: $1.21
• Stop: $1.05
• R:R = 1:2.1
🔥 Long or short? Drop your thesis below 👇
$FIL $AR
#FIL #TechnicalAnalysis #CryptoTrading #PriceAction