$FIL Long Liquidation Alert!
A massive $1.34M long liquidation just hit at $3.087, shaking the market!
This kind of liquidation often signals high volatility and can either spark a rebound or trigger further downside.
Key Insights:
Large liquidations can indicate strong sell pressure—watch out for further dips.
If buyers step in, we could see a bounce from support levels.
Momentum traders might look for quick scalping opportunities if volatility remains high.
What’s Next?
If $FIL holds above $3.08, it could signal strength for a potential rebound.
❌ A break below this level could lead to further downside toward $3.00 or lower.
Strategy:
Wait for confirmation of a bounce before going long.
Keep an eye on volume—high buying volume could mean a recovery is coming!
Tight stop-losses if entering trades—this is a high-risk zone!
Are you buying the dip or staying on the sidelines? Let’s discuss!