📊 Filecoin (FIL) — technical analysis and levels to watch
🔎 Recent price context
In the last 24 hours, FIL has shown bearish pressure and a break of key support, with the overall crypto market decline. Price action suggests that bears dominated the recent movement, with volume above average when breaking important levels.
📉 Key technical levels today
🛡️ Supports
$1.30: support now in the area of interest after recent declines.
$1.25: level where the price found some stability after breaking higher levels.
(If $1.25 is lost with volume, the next important support would be lower and could intensify the decline.)
🚧 Resistances
$1.52: area that FIL attempted to recover unsuccessfully, which intensified selling pressure.
$1.70+: technical resistance that buyers must overcome to generate significant bullish momentum.
🧠 What is the structure showing?
📉 FIL has broken recent support levels and volume increased during those declines, which is a technical signal of dominant bearish pressure in the short term.
📊 The price remains below several key moving averages (such as 20, 50, and 200 periods), which continues to reflect weakness in technical momentum.
🔄 Possible scenarios
📉 If the price continues to fall:
➡️ Bearish confirmation if FIL breaks and holds below $1.25, which could pave the way for lower support levels.
📈 If there is a technical rebound:
➡️ A rebound from support and a break of $1.52 could indicate that buyers are returning strongly.
