$FIL has gained 12.76% while recording an abrupt volume breakout. The supplied technical structure shows a definitive daily close above the 50-day moving average for the first time in months. Derivatives data also indicates a moderate short-squeeze footprint after shorts capitulated above $0.85. The $0.85–$0.88 zone is the stated entry area, with $0.82 support and $0.98 resistance. Follow-through remains dependent on the supplied market structure.
📈 Bias: Reversal bullish | 🎯 Entry: $0.85–$0.88 | 🛡 Support: $0.82 | 🚧 Resistance: $0.98 | 🎯 Targets: $0.97, $1.08, $1.20 | ❌ Invalidation: $0.79
Strategy: Bottom-reversal breakout confirmation.
#FIL #Filecoin #DePIN #CryptoTrading #BinanceSquare
📈 Bias: Reversal bullish | 🎯 Entry: $0.85–$0.88 | 🛡 Support: $0.82 | 🚧 Resistance: $0.98 | 🎯 Targets: $0.97, $1.08, $1.20 | ❌ Invalidation: $0.79
Strategy: Bottom-reversal breakout confirmation.
#FIL #Filecoin #DePIN #CryptoTrading #BinanceSquare
