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$FIL [Signal] Empty position + decline accompanied by abnormal open interest
$FIL Price decline accompanied by high open interest, market logic suggests caution for long liquidation or main force distribution risk. There are no clear signs of demand absorption in the current market, and price action remains weak.
🎯Direction: Empty position
Wait for the price to show clear buy absorption and structural reversal signals in the key support zone (such as $1.10-$1.15), or for a rebound to resistance levels (such as $1.25-$1.30) with supply confirmation before considering entry. The current risk-reward ratio is unclear, so prioritize observation.
Trade here 👇 $FIL ---
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