FIL's recent price action is definitely a bit sketchy, with a clear acceleration in the downtrend over the last 24 hours. The price is hovering around 0.739 now, getting dangerously close to key support. If it breaks below, we might be looking at much lower levels. From the chart, that resistance around 0.802 is really crucial; we've tried to break through a few times without success, and now the volume is dwindling. Since the bearish trend is confirmed, a retest in the 0.743 to 0.738 range presents a decent risk-reward ratio for shorts. However, to be honest, the biggest fear when shorting is a sudden bounce. Let's set a stop-loss around 0.772; if the price pushes up there, it's time to admit the mistake and exit. The initial target is 0.713, and then we can eye 0.676 and 0.628, but don’t get too greedy—taking profits in stages is a safer play.
#FIL #空头 #加密 #合约 #TrendAnalysis
#FIL #空头 #加密 #合约 #TrendAnalysis