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📊The Filecoin price curve ($FIL ) shows a strong and clear upward phase after a long period of consolidation and decline. Here’s the simplified technical analysis 👇

🔹 Overview of price movement:

Last bottom: at level 1.27 🔻

Current peak: at level 3.97 🔺

Approximate current price: 3.32

We observe that the price has risen by more than 200% approximately over a short period, which indicates a strong buying wave (Bullish Momentum) driven by significant momentum from traders.

📈 Technical analysis:

General trend:
The trend has shifted from bearish to strongly bullish, with a clear breakout of several consecutive resistance levels.

Support and resistance:

First support: 2.32

Second support: 1.73

Current resistance: 3.97

Next potential resistance: 4.20 then 4.80

Technical indicators:

Long blue candles reflect the strength of buyers and the continuity of momentum.

The yellow line (likely the Parabolic SAR indicator) is still below the price, confirming the bullish trend.

🔮 Short-term expectation:
If the price maintains stability above 3.00 – 3.20, we may witness a retest of the level 3.97 and possibly a breakout towards 4.50 🚀
However, if it fails to hold above 3.00, the price may return to the support area of 2.30 – 2.50 to rebalance before any new rise.

⚠️ Alert:
The market is currently in an overbought zone, which may lead to a temporary correction before continuing to rise. It is best to monitor volume movement to confirm the upcoming trend.
#TRYHARED @Tryhared #FILCOIN