[Crypto World] FIL’s recent performance is really hard to hold up; the downward trend continues. From a technical perspective, both MACD and RSI clearly indicate that bears are in control, and that $1.653 to $1.676 resistance zone isn’t being tested at all.
Looking at the order book reveals some clues—there’s some buying support around $1.465, and another line of defense at $1.367 further down. But honestly, if the $1.465 level doesn’t hold, the next stop is basically $1.367. Even more concerning, if the buy orders near $0.50 are pulled, then things could get really serious.
At the moment, bears are clearly in control, and there aren’t any signals of a bullish counterattack for now.
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DarkPoolWatcher
· 9h ago
If 1.465 can't hold, it'll go straight to 1.367. FIL is really having a rough time this round.
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LayerZeroJunkie
· 20h ago
If we can't hold 1.465, we'll just admit defeat. Anyway, FIL has already dropped so much that I'm exhausted.
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ForumMiningMaster
· 12-08 18:35
1.465 really can't hold, I've been bearish on this move for a while.
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About to break down again, hitting new lows every day, damn it.
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Are the bulls asleep? Not even a single counterattack.
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If those buy orders at 0.50 pull out, I'm going all-in short.
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With this pace, it's definitely heading to 1.367. Wanna bet?
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Both MACD and RSI are pointing bearish, no suspense here.
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Buying at 1.465? I think they're just catching a falling knife, haha.
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Dump after dump, when will FIL finally rebound?
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The order book is all fake, the orders disappear in a second.
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The bears are loving it, the bulls should just admit defeat.
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ZkProofPudding
· 12-08 10:46
1.465 breaking is the real problem. If it drops to 1.367 by then, don’t complain.
FIL continues to weaken: Can the key support level at $1.465 hold?
[Crypto World] FIL’s recent performance is really hard to hold up; the downward trend continues. From a technical perspective, both MACD and RSI clearly indicate that bears are in control, and that $1.653 to $1.676 resistance zone isn’t being tested at all.
Looking at the order book reveals some clues—there’s some buying support around $1.465, and another line of defense at $1.367 further down. But honestly, if the $1.465 level doesn’t hold, the next stop is basically $1.367. Even more concerning, if the buy orders near $0.50 are pulled, then things could get really serious.
At the moment, bears are clearly in control, and there aren’t any signals of a bullish counterattack for now.