$FIL SHORT TRADE SIGNAL AS PRICE REJECTS FROM $2.587

LOWER HIGH CONFIRMED AFTER STRONG REJECTION

BEARISH STRUCTURE SETTING UP BELOW $2.58

Trade Setup:

Short Entry: $2.57

TP1: $2.54

TP2: $2.52

SL: $2.59

$FIL saw a sharp rejection from $2.587, followed by lower highs and sideways-to-down consolidation. The lack of bullish momentum and repeated rejections indicate a short-term move to the downside.

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