FIL continues to weaken: Can the key support level at $1.465 hold?

[Crypto World] FIL’s recent performance is really hard to hold up; the downward trend continues. From a technical perspective, both MACD and RSI clearly indicate that bears are in control, and that $1.653 to $1.676 resistance zone isn’t being tested at all.

Looking at the order book reveals some clues—there’s some buying support around $1.465, and another line of defense at $1.367 further down. But honestly, if the $1.465 level doesn’t hold, the next stop is basically $1.367. Even more concerning, if the buy orders near $0.50 are pulled, then things could get really serious.

At the moment, bears are clearly in control, and there aren’t any signals of a bullish counterattack for now.