@FILUSDT recently broke down from a bearish structure and has since been trading inside a descending channel, forming a 3-wave corrective pattern (ABC) — likely completing wave W of a broader correction.
Now, price is approaching a pivotal resistance zone, where wave X could form.
If price breaks above, it may trigger renewed bullish momentum toward the $18.30 target.
But if rejected, FIL may drop back to the demand zone — and a breakdown below that could extend the correction toward $0.995 (wave Y target).
This is a make-or-break zone for FIL.Monitor this level closely — bulls must step in, or risk a deeper correction.