💣 $FIL Hanging by a Thread — Is $2.00 Next? 🩻⚠️
💰 Current Price: $2.414
$FIL is dangerously close to collapse, grazing the long-term support zone—and there’s zero bullish energy in sight 😳.
📊 Technical Snapshot:
🔻 RSI stuck in the low 40s ➡️ bears tightening the noose
🟥 MACD is still blood-red with no sign of a flip
📉 Moving averages a sea of strong sell across 12+ timeframes
🚨 Daily & weekly charts both screaming Strong Sell calls
📌 Levels to Watch:
🛡️ Support: $2.35 — this is its last lifeline
🚫 Resistance zone: $2.60–$2.70, but too far to matter without reversal
🎯 Trade Setup:
📉 Short Entry: $2.42–$2.44
🎯 Target 1: $2.21
🎯 Target 2: $2.00
🛑 Stop-loss: $2.49 — invalidates breakdown path
⚠️ With 13/15 moving averages utterly bearish, pressure is intense 📉
📉 If $2.35 cracks, expect a fast one toward the $2.00 floor—this isn’t a beginner zone 🚨
👉 Jump in & trade $FIL before the carnage 💥📉
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