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$FIL just broke down from the triangle structure and slipped below the trendline support. That rejection near the top of the range was pretty clean.
Right now it looks like price is trying to stabilize a bit, but unless it quickly gets back above that broken level, this move still feels like it wants to push lower.
Personally, I’m watching the downside targets around the next support zone. A small bounce could happen first, but the structure still favors sellers for now.
Let’s see how it reacts from here.
What do you think, bounce first or straight continuation down?
#FIL #Crypto