$FIL AROUND $1.18 AND STILL MOST TRADERS ARE IGNORING IT
Filecoin once traded above $200.
Now it is sitting close to $1.
That alone makes this chart interesting.
FIL is still more than 215x below its old peak, but the current structure is starting to improve. Price is holding the rising trendline and buyers are defending the lower support area.
The first important breakout zone is around $1.26 to $1.30.
If FIL breaks that area and a bigger reversal really starts, these are the levels I would watch:
$5 Target 1
$10 Target 2
$25 Target 3
From around $1.18, that would mean roughly:
$5 = about 324% upside
$10 = about 747% upside
$25 = about 2,019% upside
These are long-term speculative targets, not guaranteed prices.
For now, the chart is simple.
As long as the rising structure stays intact and FIL continues holding above the $0.88 to $0.92 major support zone, I will keep watching it closely.
Will FIL ever return anywhere near its old highs?
Nobody knows.
But when a coin that once traded above $200 starts building strength around $1, it definitely deserves attention.
Trade on $FIL
Filecoin once traded above $200.
Now it is sitting close to $1.
That alone makes this chart interesting.
FIL is still more than 215x below its old peak, but the current structure is starting to improve. Price is holding the rising trendline and buyers are defending the lower support area.
The first important breakout zone is around $1.26 to $1.30.
If FIL breaks that area and a bigger reversal really starts, these are the levels I would watch:
$5 Target 1
$10 Target 2
$25 Target 3
From around $1.18, that would mean roughly:
$5 = about 324% upside
$10 = about 747% upside
$25 = about 2,019% upside
These are long-term speculative targets, not guaranteed prices.
For now, the chart is simple.
As long as the rising structure stays intact and FIL continues holding above the $0.88 to $0.92 major support zone, I will keep watching it closely.
Will FIL ever return anywhere near its old highs?
Nobody knows.
But when a coin that once traded above $200 starts building strength around $1, it definitely deserves attention.
Trade on $FIL