#FILUSDT remains under bearish pressure📉 SHORT BYBIT:FILUSDT.P from $2.616
🛡 Stop loss $2.645
🕒 1H Timeframe
⚡️ Overview:
➡️ The POC (Point of Control) BYBIT:FILUSDT.P is located at $2.766, far above the current price — this highlights strong historical selling pressure.
➡️ Price is forming lower highs and lower lows, confirming a bearish trend.
➡️ The breakdown below $2.616 triggered the short setup with further downside potential.
➡️ Volume spikes during red candles indicate continued seller activity.
🎯 TP Targets:
💎 TP 1: $2.605
💎 TP 2: $2.584
💎 TP 3: $2.570
📢 Watch the $2.616 zone — holding below increases downside probability.
📢 If price moves above $2.645, the setup becomes invalid.
BYBIT:FILUSDT.P remains under bearish pressure — short bias stays valid under current structure.
Filusdttrade
FILUSDT weekly support and resistance levelsHere the relevant support and resistance levels for this pair on high time frame. The price broke down from weekly level WR1 and hit the weekly support level WS1 and bounced from there. It is currently trading between WR1 and WS1 zone. If the price hit the support zone WS1 again, that will provide a long opportunity. On the lower time frame the price seems to be tending to go down.