$FIL is stuck in a tight range while sellers stay in control. Every small bounce is getting sold, showing buyers are losing strength after mid-Feb.
The key level to watch is 0.943 once price slips below it, downside momentum opens toward 0.87 and possibly 0.80. On the upside, 0.985 remains the zone where short-term traps and volatility can happen. Right now, the structure favors continuation lower unless strong demand steps in. #FIL
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$FIL is stuck in a tight range while sellers stay in control. Every small bounce is getting sold, showing buyers are losing strength after mid-Feb.
The key level to watch is 0.943 once price slips below it, downside momentum opens toward 0.87 and possibly 0.80.
On the upside, 0.985 remains the zone where short-term traps and volatility can happen.
Right now, the structure favors continuation lower unless strong demand steps in.
#FIL