$FIL Price Update | Simple Market View

Filecoin ($FIL) is moving slowly lower and trying to form a base. The price is around $1.33 and is still below key short-term moving averages, which means the trend is slightly bearish for now.

Important Levels:

Resistance:

• $1.38–$1.40

If FIL breaks and holds above this area, price could move toward $1.45–$1.60, near the previous high at $1.59

Support:

• $1.33–$1.30 is the first support zone

• Strong support is near $1.30

• If this level breaks, price may drop toward $1.25

Volume Check:

Trading volume has decreased after earlier activity. A stronger upward move would need higher volume and a clear move above the 99-hour moving average.

For now, FIL is in a waiting phase, and direction will become clearer after a breakout or breakdown.

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