🔥 FIL/USDT: READY FOR A MASSIVE 132% BREAKOUT?! 🚀
(Technical Analysis from the Daily Chart)
Get ready, Binance Square! The Filecoin ($FIL) daily chart is flashing a classic high-probability setup that could see a +132% move in the coming weeks/months! This is the kind of accumulation zone that precedes explosive rallies.
🔑 Key Chart Observations (as of Nov 18, 2025)
Based on the provided TradingView chart, $FIL is sitting right on a critical structure that has acted as both a massive swing high and a key support zone.
Current Price: $\approx **1.947 USDT**$
The Crucial Zone: $FIL is currently consolidating on top of a significant Demand/Accumulation Zone (highlighted in purple/pink on the chart) approximately between $1.65 - $1.90.
Polarity Flip: This zone was former Resistance that got broken through in a sharp move and is now being retested as strong Support. This is a text-book "support-resistance flip" confirmation!
🎯 The Bullish Scenario: Re-Accumulation Confirmed
The price action suggests a powerful re-accumulation phase is completing:
Massive Liquidity Grab: The recent long wick down (the yellow candle) below the accumulation zone was a huge liquidity grab, shaking out weak hands before instantly snapping back above the critical support. This is often a precursor to a strong move.
Strong Rejection: The candle is currently holding above the key $1.90$ support, confirming buyers are defending this floor aggressively.
The Target: The chart projects a move of approximately $2.80$ (representing a 132.65% increase) from the base of the current support to a potential future resistance level around $4.75 - $5.00$.
