#Filecoin #FIL #DeFi #Consensus2025 #BinanceFutureTrading
📌 Market situation
Current price: $3.03
24h volatility: +2.33%
Market capitalization: $2.01 billion
24h trading volume: $184.4 million
Circulating supply: 664.6 million FIL
All-time high: $237.73
Rank on CoinMarketCap: #48
Short-term forecast: FIL is expected to reach $3.05 by the end of this week and $3.02 by mid-June.
🔍 Technical analysis
The weekly chart of FIL shows a 'bullish engulfing' candle pattern, indicating strong upward momentum. The RSI is currently at 65, suggesting that FIL is not overbought, creating opportunities for long-term investors.
⚙️ Proposed investment strategy
Buy zone: $2.90 – $3.00
Stop-loss: $2.70
Take profit 1 (TP1): $3.50
Take profit 2 (TP2): $4.00
Long-term scenario: If FIL maintains its upward trend and reaches $4.00, partial profit-taking may be considered while holding the remainder for long-term goals.
🧭 Notable events
Participating in Consensus 2025: Filecoin will participate in the Consensus 2025 event in Toronto from May 12 to 16, with sessions such as 'Unlocking the Power of Vybe API' and 'AI Agent Night' to promote collaboration and network development.
Fast Finality (F3) Update: Filecoin has implemented the F3 upgrade, which reduces transaction confirmation times, enhancing network performance and scalability.
🔗 Trade now