🎯 Filecoin just broke $0.97 with conviction. +21.7% on volume that tells a story.
Here is what I find interesting: FIL has been stuck in a $0.70-$0.85 range for weeks. Today it just jumped the fence. 4H RSI at 82.8 says momentum is real, and the MACD crossover on the daily (histogram +0.0076) confirms this is not just a wick.
📊 The technicals:
Price at $0.978, clearing all major moving averages. SMA7 (4H) at $0.852, SMA25 (4H) at $0.815 — both acting as support now. Volume ratio 3.64x means serious participation. L/S ratio at 1.86 — the highest among today's hot movers. Smart money is positioned.
📋 Trade Plan (LONG — breakout play):
• Entry: $0.961 — $0.995
• Stop Loss: $0.911 (below prior resistance zone, ~5% risk)
• TP1: $1.017 | TP2: $1.056 | TP3: $1.096
This has the best risk/reward of the batch at 0.6. The $1.00 psychological level is the first real test.
💭 Think FIL can break $1 and hold? Or is this another fakeout? Tell me your thesis 👇
#FIL #Filecoin #DYOR
⚠️ Not financial advice. Always set stop losses and never invest more than you can afford to lose.
Here is what I find interesting: FIL has been stuck in a $0.70-$0.85 range for weeks. Today it just jumped the fence. 4H RSI at 82.8 says momentum is real, and the MACD crossover on the daily (histogram +0.0076) confirms this is not just a wick.
📊 The technicals:
Price at $0.978, clearing all major moving averages. SMA7 (4H) at $0.852, SMA25 (4H) at $0.815 — both acting as support now. Volume ratio 3.64x means serious participation. L/S ratio at 1.86 — the highest among today's hot movers. Smart money is positioned.
📋 Trade Plan (LONG — breakout play):
• Entry: $0.961 — $0.995
• Stop Loss: $0.911 (below prior resistance zone, ~5% risk)
• TP1: $1.017 | TP2: $1.056 | TP3: $1.096
This has the best risk/reward of the batch at 0.6. The $1.00 psychological level is the first real test.
💭 Think FIL can break $1 and hold? Or is this another fakeout? Tell me your thesis 👇
#FIL #Filecoin #DYOR
⚠️ Not financial advice. Always set stop losses and never invest more than you can afford to lose.