$FIL $FIL — THIS RECOVERY IS IMPORTANT 👀🔥
FIL dropped hard to around $0.912, but instead of staying there, buyers stepped in and pushed the price back toward $0.96 — roughly a 5% recovery from the low.
At the same time, 24H volume has climbed to around 28M FIL. This is exactly why I said not to panic during the drop. A fast move down can trigger stop-losses and leveraged liquidations, and then price can recover quickly.
Now the important battle is $0.97–$1.00.
If FIL reclaims that zone while volume continues to increase, it would strengthen the case that the $0.912 move was a temporary liquidity flush. If volume keeps rising but price cannot recover, selling pressure may still be present.
$0.912 → $0.96 already shows buyers reacted. 👀
Now watch $0.97–$1.00. Volume will tell the story. 🔥
$FIL #Filecoin #Crypto #trading #Altcoins
FIL dropped hard to around $0.912, but instead of staying there, buyers stepped in and pushed the price back toward $0.96 — roughly a 5% recovery from the low.
At the same time, 24H volume has climbed to around 28M FIL. This is exactly why I said not to panic during the drop. A fast move down can trigger stop-losses and leveraged liquidations, and then price can recover quickly.
Now the important battle is $0.97–$1.00.
If FIL reclaims that zone while volume continues to increase, it would strengthen the case that the $0.912 move was a temporary liquidity flush. If volume keeps rising but price cannot recover, selling pressure may still be present.
$0.912 → $0.96 already shows buyers reacted. 👀
Now watch $0.97–$1.00. Volume will tell the story. 🔥
$FIL #Filecoin #Crypto #trading #Altcoins