$FIL / USDT – Support Failure Triggers Long Liquidations
$FIL saw a $7.12K long liquidation at $1.075, confirming failure to hold a key short-term support. As price slipped below the level, forced exits added momentum to the downside.
Sellers maintain control until buyers can reclaim structure.
Potential Entry Zone:
$1.04 – $1.02
Downside Targets:
• Target 1: $0.98
• Target 2: $0.92
• Extended Target: $0.85
Protective Zone:
Stop-Loss: $1.10
A move above this area would reduce bearish pressure.
Market Bias: Short-Term Bearish
FIL
1.05
-1.40%
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