Good Morning Everyone đ The chart is coiling right under $1.04, but the real catalyst isn't technical. It's a supply shock.
$FIL is holding the $1.02 supertrend, but OBV is bleeding and RSI sits at 36. No chase here.
I'm already in from $0.70 and adding on any dip to $0.98â1.00. Targets are $1.22 then $1.45. A daily close below $0.95 kills it.
Vesting ends October 15, cutting annual issuance by 75%. That's the largest supply change since mainnet.
Is the market pricing in the vesting cliff, or does $FIL need paid onchain demand to actually show up first?
$FIL is holding the $1.02 supertrend, but OBV is bleeding and RSI sits at 36. No chase here.
I'm already in from $0.70 and adding on any dip to $0.98â1.00. Targets are $1.22 then $1.45. A daily close below $0.95 kills it.
Vesting ends October 15, cutting annual issuance by 75%. That's the largest supply change since mainnet.
Is the market pricing in the vesting cliff, or does $FIL need paid onchain demand to actually show up first?
