🚨 Market Update 🚨
It’s been a tough day for some altcoins, with significant declines across the board. Here’s what we’re seeing:
🔹 $FIL (Filecoin):
📉 Current Price: $3.519 (-3.93%)
Filecoin is facing heavy downward pressure. With a nearly 4% drop, it could be signaling a short-term bearish trend. Keep an eye on support around $3.50 before considering any long positions.
🔹 $SAGA :
📉 Current Price: $1.4768 (-3.90%)
Saga is also down by almost 4%. If it breaks below $1.45, it may see further losses. Watch closely for a bounce or continued decline.
🔹 $SYS (Syscoin):
📉 Current Price: $0.1101 (-3.84%)
Syscoin is in a similar position, dropping by nearly 4%. If it holds above $0.11, we might see consolidation, but a breakdown could push it lower.
⚠️ Short Trade Signals: All three coins show bearish momentum, making short trades favorable. For long trades, wait for stronger signs of support and reversal. Stay cautious and always manage your risk!
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