🔴 $FIL Long Liquidation: $7.66K at $2.524

Bulls are under pressure. Momentum is fading.

📉 Trend: Bearish

$FIL broke below key support

Longs are getting wiped out

📊 Market Sentiment:

• Cautious and defensive

• Liquidations signal fear

• Volume dropping, volatility rising

💡 Next Move:

Hold if already in, but stay alert

Avoid buying until signs of recovery

Short-term traders might look for bounce plays, but risk is high

🎯 Downside Targets:

• Target 1: $2.44

• Target 2: $2.30

• Target 3: $2.10

🛑 Stop Loss (for long positions): $2.58

🔼 Resistance: $2.60

🔻 Support: $2.45

Summary:

$FIL is sliding. Longs are exiting fast.

If the price doesn’t reclaim $2.60 soon, more downside is likely.

Stay defensive. Let the market show strength before entering.

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