FIL's 100%+ DePIN Explosion: Why This Rally Is Different!
$FIL didn't just pump—it exploded, surging over 100% in the last week on the $FIL/USDT chart! As a veteran trader, I see more than just a short squeeze here. The real fuel? The collision of DePIN (Decentralized Physical Infrastructure) and surging AI Storage demand.
Filecoin is rapidly cementing its role as the critical decentralized data layer for the AI revolution. With the v26 gas fee cuts boosting network efficiency and whales reportedly accumulating (institutional confidence is rising!), the fundamental narrative has finally caught up to the technical breakout.
Key Levels & Insight:
We've smashed through the multi-month trendline. The true test is now. Holding a daily close above the crucial $3.50 resistance range is essential to flip long-term bearishness into a confirmed uptrend and clear the path to the next targets ($5+). Watch the upcoming Dev Summit (Nov 13-15) for potential ecosystem catalysts. This is a clear sector rotation signal—don't ignore the shift into DePIN!
Are you accumulating, swinging, or locking in profits? Drop your technical analysis and next price target below! Let's see how high the DePIN narrative can take $FIL!
