๐จ $FIL โ 1.42 WICK LIQUIDATED, BULLS RELOADED HARD ๐ฉธ๐๐
Filecoin ($FIL ) just delivered a clean liquidity sweep to $1.426, instantly reversing with a powerful 15M volume surge, confirming that weak hands were fully flushed and smart money stepped in aggressively. The bounce back toward the $1.60 zone has now turned into one of FILโs strongest short-term recoveries of December. ๐
Market structure remains bullish as FIL trades above key EMAs, while sentiment flips risk-on ahead of major ecosystem events.
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๐ LATEST TRADE SETUP
๐ข Entry: 1.60โ1.62
๐ฏ TP1: 1.70 (+5.5%)
๐ TP2: 1.85 (+14%)
๐ SL: 1.55 (โ3.5%)
โก Leverage: x20โx40
๐ฐ Risk: 0.5โ1%
Momentum indicators :
StochRSI: 100 โ momentum breakout
RSI: 81 โ strong bullish pressure
MACD: flipping positive on lower timeframes
OBV: uptick confirming accumulation
Price reclaiming $1.60 โ key bullish trigger
The 1.426 rejection wick shows a strong liquidity grab and reclaim, which often leads to a continuation rally if volume sustains.
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๐ง LATEST NETWORK + ONCHAIN
๐ฅ Onchain Cloud Mainnet โ Jan 1 โ Huge catalyst for decentralized compute + storage demand.
๐ฎ๐ณ $FIL Bangalore โ Dec 6 โ developer-heavy event boosting ecosystem activity.
๐ RetroPGF: 500k FIL grants โ attracting builders + new infra projects.
๐งฉ ERC-8004 agent integration live โ improves identity + agent deployment on Filecoin.
Network activity continues rising, with smart-contract + storage interactions seeing steady upticks.
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๐ MARKET OUTLOOK
With liquidity swept, volume rising, and catalysts aligning, FILโs path toward $1.70 โ $1.85 is open. If inflows continue through mid-December, a sharp extension toward $2.50 becomes increasingly likely. ๐
Filecoin storage godsโฆ feast mode ON. ๐พ๐ฅ
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#crypto #altcoins #cryptobutcher #Filecoin #fil
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