After a long stretch of quiet consolidation, Filecoin (
$FIL ) is finally waking up — and this time, the momentum looks real.
On the daily chart,
$FIL has just broken out of a descending triangle, a pattern that’s been capping price action for weeks. That breakout isn’t just a technical move — it’s a shift in sentiment. The market is turning bullish again, and the trend is starting to show real strength.
The Technical Setup 📊
The breakout has opened the door to a series of upside targets:
1️⃣ 1.7
2️⃣ 1.8
3️⃣ 1.9
4️⃣ 2.0
5️⃣ 2.1
6️⃣ 2.2
7️⃣ 2.3
8️⃣ 2.4
9️⃣ 2.5
Each level marks a step forward in what could become a staircase-style climb if momentum continues to build.
The key support to watch right now is 1.65 — staying above this zone will keep the bullish structure intact.
A brief dip below could lead to a short correction, but as long as the structure holds, the trend remains healthy.
Why This Move Matters 💥
This isn’t random volatility — it’s a controlled return of buying pressure after a long cooling phase.
Filecoin is starting to catch attention again, not just from traders but also from investors who recognize its potential as decentralized storage gains relevance in the broader Web3 narrative.
Momentum is building slowly but surely — step by step, breakout by breakout.
Final Thoughts 💡
The chart is speaking clearly: the trend has flipped bullish, and the market is taking notice.
Filecoin is reclaiming its place in the spotlight, and as long as it holds above 1.65, the upside potential stays alive.
The move has just begun — and early eyes on
$FIL might soon be rewarded.
#fil #Filecoin #crypto #altcoinseason #TEVA $FIL