$FIL (Filecoin) is exhibiting a bearish trend as of December 24, 2025, trading between $1.28 and $1.31. The asset has faced a 75.38% decline over the last year, underperforming broader markets as Bitcoin dominance holds near 59%. Despite utility narratives like decentralized backups for Cardano, "Extreme Fear" (Index 29) and institutional sell-offs have trapped price action below major moving averages.

Key Levels

Immediate Resistance: $1.35 – $1.45, coinciding with the 20-day SMA and narrowing upper Bollinger Bands.

Secondary Resistance: $1.54 – $1.69, representing critical Fibonacci retracement zones.

Immediate Support: $1.16 – $1.20, where whales have previously stabilized the price following sharp rejections.

Critical Support: $1.00, a psychological floor that could be tested if the $1.16 support fails.

Short Trade Signal

Leverage: 10x – 20x

Entry 1: 1.34

Entry 2: 1.45

Take Profits: * TP1: 1.21

TP2: 1.05

Or Take Profit from 100% to 500% ROI

Stop Loss: 1.58

Short #FIL Here

FIL
FILUSDT
1.562
+3.23%