I’ve been keeping an eye on FIL for a while, and the project is starting to emerge from a prolonged accumulation phase. The chart is clearly turning around, while the sector’s bullish trend is gradually gaining momentum.
The fundamentals are looking excellent right now. The multiyear vesting period for early investors is coming to an end, which should significantly reduce the persistent selling pressure in the markets. On top of that, Filecoin is making inroads into the AI and DePIN niches, offering infrastructure for storing data from AI agents and real-world assets.
For a long position, the $1.15–$1.18 zone looks like a good entry range. Take-profit levels can be staggered at $1.24, $1.30, $1.40, $1.60, and $2. A sensible place for the stop-loss would be below $1.059.
For now, all the signs point to the upward move continuing, so I’m keeping the coin on my watchlist.
$FIL
The fundamentals are looking excellent right now. The multiyear vesting period for early investors is coming to an end, which should significantly reduce the persistent selling pressure in the markets. On top of that, Filecoin is making inroads into the AI and DePIN niches, offering infrastructure for storing data from AI agents and real-world assets.
For a long position, the $1.15–$1.18 zone looks like a good entry range. Take-profit levels can be staggered at $1.24, $1.30, $1.40, $1.60, and $2. A sensible place for the stop-loss would be below $1.059.
For now, all the signs point to the upward move continuing, so I’m keeping the coin on my watchlist.
$FIL