📉 $FIL /USDT Echo Fade After Dead Cat Bounce

After bouncing from $1.964 to $2.386, $FIL is now showing signs of exhaustion on the 4H chart. Lower highs and weakening candle structure point toward a possible bull trap.

Short Trade Setup

• Entry Zone: $2.275 – $2.290

• TP1: $2.200

• TP2: $2.115

• TP3: $2.030

• Stop Loss: Above $2.325

Market Insight

Momentum is fading fast, and sellers are stepping back in. A clean break below $2.250 could open the gates for a quick downside flush. Weak structure = prime short conditions.