$FIL has been under pressure and recently broke below key support at ~$1.25, with volume spiking significantly — a bearish signal in the short term. 
Near-Term Range:
Price is oscillating around $1.20–$1.30, with resistance near $1.30–$1.35 and support around $1.20–$1.22. 
📈 Short Technical Clues:
– Minor rebounds and volume spikes suggest possible short-term accumulation / bounce attempts.
– But overall trend still weak until price decisively holds above $1.30.
🔎 Market Sentiment:
Crypto markets remain cautious, with FIL underperforming broader averages. Macro rotation into BTC and risk-off sentiment is weighing on alt infrastructure tokens. 
🚀 Bullish Catalysts (What Could Change the Game):
– Reclaim and hold above $1.30–$1.40 — needed for trend shift. 
– Increased adoption tied to AI / DePIN storage demand — narrative support still intact. 
⚠️ Risk Factors:
– Price under key moving averages and bearish momentum prevalent in short/mid timeframes. 
– Broader market volatility can keep FIL under pressure.
📌 Summary: FIL is consolidating with short-term bearish bias, but a break above ~$1.30 with strong volume could pivot sentiment bullishly. Risk remains high — DYOR before entering positions.#USNonFarmPayrollReport
