Why: Price has moved aggressively above MA7 and MA25 and is now stretched with RSI extremely high, which often signals short-term exhaustion. Momentum still bullish overall, but after parabolic candles a pullback toward moving averages is common as buyers take profit and market resets.
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$FIL showing strong impulse move but now entering potential cooldown zone after extended push 📉
Short $FIL
Entry: 1.07 – 1.10
SL: 1.35
TP1: 1.03
TP2: 0.99
TP3: 0.95
TP4: 0.90
Why:
Price has moved aggressively above MA7 and MA25 and is now stretched with RSI extremely high, which often signals short-term exhaustion. Momentum still bullish overall, but after parabolic candles a pullback toward moving averages is common as buyers take profit and market resets.
Trade $FIL here 👇
{future}(FILUSDT)