🔥
$FIL About to CRASH? 📉
$FIL Short
Entry Zone: 1.450 - 1.490
Stop Loss: 1.580
Take Profit Targets: ∙ TP1: 1.360 ∙ TP2: 1.290 ∙ TP3: 1.220
This looks like a textbook low-float squeeze gone wrong.
$FIL pumped from 1.197 to 1.552 on massive volume (103M!), and now it’s showing serious signs of a blow-off top. 🚨
Price is already rejecting the highs and struggling to stay above 1.45. Volume is drying up FAST after that initial spike – a clear bearish divergence. The 7-day MA at 1.437 is the last line of defense; a break below that and we’re heading to 1.30 and lower. 📉
Don't be fooled by the order book showing 53% buyers. Those are likely latecomers caught in the hype. This setup screams opportunity for shorts. 🐻
#FILshort #CryptoTrading #ShortOpportunity #Bearish 🚀