2026-01-08 16:32:26

Reasons for the Bearish Technical Outlook on FIL

From the short-term chart perspective, FIL faces significant resistance. The 5-day, 10-day, and 20-day moving averages almost form a barrier, with each rebound getting stuck there and struggling to break through. Yesterday's single-day decline approached 3%, indicating that the bears are in control overall.

On the technical indicators side, the RSI has already fallen to 32. Although this level is often considered a potential rebound signal, in a sustained downward trend, its reference value is limited. More noteworthy is the MACD, where the histogram remains well below zero, and the green bars are still prominent, indicating that the selling pressure's energy has not yet been fully released.

At the current price of 1.477, the technical picture clearly shows a bearish trend. If the price continues to be suppressed by the short-term moving averages, each small rebound could become a new opportunity to short.

FIL-0,92%

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GateUser-e51e87c7

· 01-10 08:54

A gate is blocked, and a rebound will die. This rhythm is really uncomfortable. --- RSI32 can't save it, MACD is still below the water, shorting opportunities come one after another... --- 1.477 is really unsustainable, the moving average gate is right there. --- The bears are in such control, a rebound is a signal to cut the leeks, let's wait and see. --- The green bars are still so long, the energy hasn't been fully released, can the decline continue? --- Every rebound gets stuck at the moving average, it's really uncomfortable to watch, the bearish rhythm is fully in control. --- With MACD like this, it's hard to turn around in the short term, continuing to be bearish seems to be fine.

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AirDropMissed

· 01-09 20:13

A rebound under the gate valve suppression is a short-selling opportunity. MACD is still below the waterline, so this wave of FIL is likely to continue falling.

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pumpamentalist

· 01-09 02:21

The gate is stuck, is the rebound an opportunity to make money? I think it's a gamble. --- MACD is so green, no wonder the bears are so excited. --- At this price of 1.477, I don't see any sign of a bottom. --- The moving average resistance is so strong, the rebound indeed feels like a trap. --- Although RSI is oversold, it’s useless; selling pressure is still there... there's still plenty of room. --- Can you short every small rebound? Sounds good, but the risks are not small.

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NFTregretter

· 01-08 17:00

Coming back with the "technical analysis" to cut the leeks again? FIL this broken thing has been smashed to pieces long ago. Moving average iron gate? I’ve never seen it break through, wake up everyone. MACD resting underwater without moving, what does that mean? It indicates that the big players are slowly accumulating or really no one wants it... hard to say. Are you really brave to buy at 1.477? I wouldn’t dare.

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MEVHunterX

· 01-08 17:00

Once again, bearish. Is FIL really about to break below? These moving average resistance levels are making me uncomfortable; every rebound gets pushed back down. RSI at 32 is useless... The MACD is still green, and there's plenty of selling pressure. At 1.477, only the brave dare to buy the dip.

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MercilessHalal

· 01-08 16:59

The gate valve suppression is indeed uncomfortable, but with RSI so low, why isn't it bouncing back? It feels a bit strange.

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Anon4461

· 01-08 16:54

The moving average gate has really been firmly held down this time; a rebound is a signal to cut the leeks.

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AirdropLicker

· 01-08 16:50

FIL this wave is really not looking good, the moving average iron gate is firmly pressing down, and the rebounds are all fake ---- RSI32 still wants to rebound? Dream on, the green bars haven't even been cleared yet ---- Current price 1.477, I want to buy the dip every time there's a rebound, but looking at the technicals... forget it ---- The bears are controlling the market, every small rebound is a knife catch, those brave enough to buy are really courageous ---- MACD is extremely green, this time it really feels like it's going to break down ---- Here we go again, it looks like it will continue to fall ---- The moving average iron gate haha, just hearing it is despairing, FIL is indeed in trouble ---- Is anyone still waiting for the bottom? I don't think we've reached it yet

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liquiditea_sipper

· 01-08 16:47

The moving average death cross and the iron gate, MACD is still so extended... This FIL wave is frustrating. Rebound gets crushed again, the bears are really in control. At the 1.477 level, still going down? Feels like another trap for bottom-fishing. Selling pressure hasn't fully released, continue to look lower. Damn, got caught again, should have listened to the bears.

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DeepRabbitHole

· 01-08 16:32

The FIL iron gate really can't be broken through; a rebound is a signal for the bagholders to buy in. --- Once again, MACD is lying below the water, and the selling pressure isn't over yet. --- At the 1.477 level, it seems like it will continue to fall. --- RSI has reached 32, but does it still have any reference value? Then let's just wait and die. --- Every rebound is a new shorting opportunity; I've heard this saying too many times. --- The five-day, ten-day, twenty-day moving averages, the iron gates, indeed shatter hopes.

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