FIL drops 15.11% to $1.02, tests key support at $1.01
- —FIL at $1.02 with a market cap of about $858 million
- —Volume of $142.41 million is 27.87% below the 30-day average
- —Price is below SMA-7, SMA-15, SMA-20, SMA-30 and intraday VWAP
- —RSI at 47.7 and MACD bearish, but SMA-50 and $1.01 still hold
Why it matters: Losing the SMA-50 and $1.01 would open the door to further downside, while a reclaim of $1.05–$1.07 on rising volume would revive the case for stabilization.
Source: DiarioBitcoin