Falling down a mile
Sung it for a ...(mumbling)

Rest it for the day
Sounded of my believes

This is all of my believes
I sit down and watch you
I sit far away

Sound it...(mumbling)
I sit down and watch you
...(mumbling).

I sit down and lean
(mumbling)...all that I am guessing

Running by the beat
Sounded all that I could be

Running by the fields
Sung it all of my believes

Sounded all the fire
Sounded everything and ...(mumbling)

This is all of my believes
I sit down and watch you
...(mumbling)

Sound it ...(mumbling)
I sit down and watch you
...(mumbling).

Sounded my believes
I sit down and watch you
...(mumbling).

I sit down and watching me
Sound into the... (mumbling)
(mumbling)... watch you

The text is quite incomprehensible.
It is possible that most sentences and even words in the song were
made up (as is the nature of shoegaze to put melody over songmeaning)