$FIL /USDT LIVE UPDATE
I’m watching Filecoin at $2.41 after a sharp -8.9% drop in the last 24 hours. It’s cooling down fast after that big rally. The 4H chart shows clear weakness as price trades below all key EMAs MA(7) at $2.50, MA(25) at $2.55, and MA(99) at $2.75. Sellers are in control right now.
The key support sits near $2.35. If it holds, I’m expecting a short bounce toward $2.50, but if price breaks under $2.35 with volume, we could slide deeper toward $2.20–$2.27. Volume spikes confirm heavy selling and traders exiting after the pump.
I’m seeing this as a correction phase. Bulls need a strong recovery candle above $2.50 with rising volume to flip sentiment again. Until then, I’m staying cautious and letting the chart cool off.
Not financial advice always trade with a plan and never risk more than you can afford to lose.
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