FIL: Bearish spike toward $0.67FIL / TetherUSBINANCE:FILUSDT3CommasThe Macro Picture 🗺️ FIL has been carving a descending structure since the $1.32 structural peak in early May, a sequence of lower highs that demands deeper corrections before any continuation. Price has since been pinned inside a tightening range between the $0.83 local high and the $0.67 macro support, with momentum on the daily RSI fading below the midline. The path of least resistance keeps pointing toward the lower boundary, where the chart's last untested liquidity sits. The Setup ⚙️ The Rejection: Price tagged the $0.83 local high in late June and was turned back cleanly — the upper edge of the green zone marked on the chart. Sellers are defending this boundary, and each failed push into it has handed momentum straight back to the downside. The Floor: The $0.67 macro support is the last structural level holding price up, the same zone that sparked the mid-June bounce. With the daily RSI drifting below the midline and lower highs stacking, the bulls defending this floor are running thin on conviction. The Accumulation Zone: A deeper flush toward $0.67 opens a textbook pocket for staggered, averaging-based entries — the kind of structure where a DCA bot quietly builds a position while over-leveraged longs are cleared out into macro support. The Roadmap: Primary target sits at $0.67 — the macro floor and the chart's clearest liquidity pocket, where the white projection points and where late longs get swept before any reversal can form. Invalidation: a sustained 1D close above $0.83 would invalidate this bearish thesis and signal a structural reset back toward the $0.95 equilibrium.