#Share My Holding Returns#GateSquareMayTradingShare

$FIL ‌Trading Filecoin ($FIL) always requires a bit of a thick skin, especially when playing the downside in a volatile market. Currently, I am holding a Short position on FILUSDT with 10x Isolated leverage.
As seen in the technical snapshot, my entry point was at 1.2303, and the current mark price is hovering around 1.2293. While the price has dipped slightly below my entry, the position is currently showing a minor Unrealized PNL of -2.09%. This is largely due to the recent "wick" action seen on the chart—the price spiked upward momentarily before finding some resistance.
In Short selling, timing and patience are everything. I am looking for $FIL to break below the current local support levels to turn this return percentage green. The volatility is high, but by using Isolated Margin, I'm keeping my risk contained to this specific trade.
I’ll be watching the 1-hour and 4-hour candles closely. If we see a rejection at the current mark price level, we could see a more significant move downward. Let’s see how the momentum shifts in the coming hours! 📉