FYLNJ is currently drifting in a neutral corridor with almost no technical or fundamental conviction across the layers. However, the setup is being played as a low-confidence tactical long based on the absence of bearish catalysts. We are betting on a minor bullish drift toward the $105 level. The trade is sized for a speculative move rather than a high-conviction trend. If the $100 floor holds, the upside is clear, but the lack of momentum means this is a 'scalp' mentality trade.

Stop: $97.75 · T1: $103.75 · R:R 1.67