$FIL USDT — Sharp drop, weak bounce — bulls on thin ice
Price: 1.850 USDT
Move: -8.28%
Intraday High/Low: 2.036 / 1.785
Heavy sell pressure — 33.5M $FIL dumped — dragged price from 2.025 to 1.785 in a flash.
It’s trying to recover, but still stuck under the 25 and 99 EMAs. Bulls are showing up, but momentum’s shaky.
Support: 1.785 / 1.850
Resistance: 1.894 / 1.956
Trend: Bearish, unless price reclaims 1.894+ with volume
Trade Idea:
If FIL breaks above 1.894 and holds, expect a grind toward 1.950–2.000
If it fails to hold 1.850, next stop could be 1.800–1.785
Main takeaway:
Bounce is weak — $FIL needs to flip EMAs fast or risk another leg down.
Bulls are on defense.
