FIL / TetherUS

FIL(FILUSDT): What A Breakout...Sell!

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Yesterday, the price of 📉FIL experienced a sudden decrease. It fell below a neckline of a descending triangle formation on the 4-hour time frame, and this was confirmed by a strong bearish candle with high momentum.

In terms of support levels, the next one I identify is around 5.00/4.500. This is likely to be the target for sellers in the near future.

If you are looking to enter the market, it may be worth considering a retest of the broken neckline of the triangle as a potential opportunity...Trade safely 👍✅

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