Post
Bearish

FIL is range-bound all day, but the 1h setup says otherwise.



$FIL /USDT - SHORT

Trade Plan:
Entry: 0.8883 – 0.9001
SL: 0.9504
TP1: 0.8521
TP2: 0.8240
TP3: 0.7819

Why this setup?
Why now? The 1h price sits at 0.8942 inside the entry zone of 0.8883 to 0.9001, the 15m RSI is 30.81 showing oversold pressure, the 1h ATR is 0.023405 defining the volatility envelope, the daily trend is range which favors mean reversion, TP1 is 0.8521 and TP2 is 0.8240 as the measured short targets, and the invalidation level is 0.8735 which must hold as the line in the sand for this trade to remain valid.

Debate:
Are we hitting TP2 or getting trapped?

⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
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FILFIL-7.86%


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Comment
PrinceMagsi786
25 minutes ago
Interesting 👀
0
PrinceMagsi786
25 minutes ago
First Review
LFG 🔥
0