$FIL : Holding On or Headed Lower?
Filecoin is clinging to support near $2.75, currently trading at $2.794 after a -2.51% drop on the day. Buyers are showing mild interest — but the downtrend still dominates.
Snapshot:
24h Range: $2.754 – $2.881
Order Book Split: 48.22% buy vs. 51.78% sell — bears slightly in control.
Volume Watch: Decent FIL activity at 3.13M — but not enough to break this range.
Chart Note: After hitting a local top at $2.888, $FIL has been in steady decline. Minor bounce off $2.75 could be a dead cat unless volume picks up.
Trend Outlook:
Short-term relief rally possible, but unless we reclaim $2.82+ with strength, this could just be another lower high in a fading trend.
Long-Term Holders: Down over 50% YoY — not for the faint-hearted. Watch your entries.
Not Financial Advice. Use stop-loss, follow your plan, and don’t bag-hold hopium.