๐จ๐ฐ๐๏ธ Filecoin Rises 2% After Holding $2.38 Support
Filecoin (FIL) gained 2% after defending key support at $2.38, with resistance at $2.55. Trading ranged between these levels, showing 6.7% volatility. A surge in volume (13.11M FIL, 4x the daily average) at the $2.38 low triggered a rebound.
The broader crypto market also rose, with the CoinDesk 20 up 1.7%. FIL traded around $2.505, up 1.2% over 24 hours. Meanwhile, Filecoinโs Orbit community event announced updates, including new program roles.
Key Technicals:
High-volume bounce at $2.38 established strong support.
Late-session selling pressure eased, stabilizing near $2.53.