📉 $FIL remains trapped inside a bearish intraday structure, with sellers maintaining control after the rejection near the 0.985 resistance area. Price continues to print lower highs, reinforcing the broader downtrend, while trading just above a key support zone between 0.912 and 0.918. 🎯 Trade Setup 📍 Entry Zone: 0.918 – 0.923 🛑 Stop Loss: 0.908 ✅ TP1: 0.935 ✅ TP2: 0.950 ✅ TP3: 0.970 Despite the prevailing bearish trend, signs of short-term stabilization are beginning to emerge. Sellers have repeatedly tested the 0.9125 swing low but have yet to secure a decisive breakdown, suggesting downside momentum may be slowing. 🧠 This creates the possibility of an oversold relief bounce if buyers can defend current support levels. The first key confirmation level remains 0.935. A successful reclaim and hold above that area could shift momentum toward the 0.95–0.97 resistance range. However, the setup remains fragile. ⚠️ A clean break below 0.912 would invalidate the bullish bounce scenario and increase the probability of a continuation toward fresh local lows. Current outlook: 📊 Bearish overall structure 📊 Support holding for now 📊 Potential oversold bounce developing 📊 Stronger confirmation only above 0.935 As long as support survives, a short-term recovery remains possible. Lose that level, and sellers likely regain full control. #CFTCOpensBitcoinPerps #HYPEBreaksATHAgain #ICEBacksOKXOilPerps