Markets· ★★· bearish·

FIL drops 9.09% as selling pressure builds on above-average volume

  • —FIL is down 15.97% over seven days and 21.95% over 30 days
  • —Daily volume of $163.1 million came in 5.82% above the 30-day average
  • —Price sits below the 7-, 30- and 200-day SMAs, with MACD still bearish
  • —The intraday low of $0.8210 is the nearest observed support
Why it matters: Trading below all major averages on elevated volume points to persistent weakness in FIL; holding $0.82 will determine the risk of further downside.
#FIL
Source: DiarioBitcoin
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