Filecoin (FIL) is currently trading at $3.63, marking a 3.02% increase in the last 24 hours. Despite this short-term gain, the medium-term outlook remains bleak, with FIL down 15.21% over the past three months. The long-term trend shows a 13.11% increase since last year, but this is overshadowed by the coin's significant drop from its all-time high of $236.16 in April 2021.

Technical indicators are mixed, with 18 out of 32 signaling a bearish forecast. The Fear & Greed index stands at 49, indicating a neutral market sentiment. Key support levels are $3.52, $3.46, and $3.42, while resistance is at $3.62, $3.67, and $3.72.

Overall, the market sentiment for Filecoin remains bearish, with a 30.32% price increase predicted in the next five days. However, given the volatile nature of the cryptocurrency market, caution is advised.