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$FIL has been testing everyone’s patience lately, hasn't it?
The chart shows we’re stuck in a bit of a rough spot. After that rejection near the 1.00 level, we’ve just been bleeding out slowly. Right now, it’s sitting at 0.890, hovering just above that previous wick low at 0.775.
The order book is looking a bit heavy on the buy side (nearly 70%), which usually means people are trying to catch the falling knife here. If we can’t hold this current area, we’re likely heading back down to retest the 0.80 support zone.
Volume is pretty flat, so don’t expect a massive breakout just yet. It feels like it's just accumulating or waiting for the rest of the market to decide on a direction. I’m staying cautious until we see a solid green candle close above 0.95 to prove there’s actually some life left in this.
#CryptoStocksRiseAtUSMarketClose