FIL(FILUSDT): Important Bearish Breakout

The price of 📉FIL decreased significantly yesterday, dropping below the lower boundary of a descending triangle pattern on the 4-hour chart. This was confirmed by a strong bearish candle with a lot of momentum.

As for potential support levels, the next one to watch out for is around 5.00/4.500. It is likely that sellers will aim for this level in the near future.

If you are considering entering the market, it might be a good idea to wait for a retest of the broken triangle boundary as a possible opportunity...Trade safely đź‘Ťâś…
Supply and DemandSupport and ResistanceTriangle

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