📊 FILECOIN (FIL) TECHNICAL ANALYSIS ✅🧨
🔹 Market Structure & Trend
FIL has been in a strong downtrend since November, reflecting broader market weakness. However, early 2026 price action shows a potential shift — a Higher High (HH) followed by a Higher Low (HL) has formed, signaling an early trend reversal attempt from bearish to bullish.
🔹 Key Point of Interest (POI)
🟦 Daily Demand Zone / Order Block:
• Price range: $1.15 – $1.25
• This zone previously attracted strong buyers and is expected to act as support on any pullback.
🟠 Current Level / S&R:
• $1.48 is acting as a key horizontal level and short-term decision zone.
🔹 Projected Price Scenario (Buy on Retest)
📉 Retracement: Price may first correct toward the daily demand zone.
📈 Reaction: A bullish response from this area would confirm buyer strength.
🎯 Target: If demand holds, FIL could attempt a move toward the psychological $2.00 level going into February.
⚠️ Trader Insight:
This setup favors patience — confirmation at demand is key. Market structure improvement combined with a successful retest could unlock further upside.
📌 Bias: Cautiously bullish above demand
🪙 Asset: $FIL