🚨
$FIL Setup 🚨 [HIGH RISK - WAIT FOR CONFIRMATION]
⚠️ Current Status: NEUTRAL TO BEARISH
Price: $0.997 (-0.90% from 24h high of $1.006)
🎯 Targets (IF breakout confirms):
TP1: $1.0500 🎯
TP2: $1.1200 🎯
TP3: $1.2500 🚀
📈 Technical Analysis:
$FIL showing +7.09% bounce today (February 14, 2026) BUT price was REJECTED at $1.006 resistance and has pulled back to $0.997. Trading above EMA(7) at $0.972 and EMA(25) at $0.939, but CRITICALLY BELOW EMA(99) at $1.017 which is acting as major resistance. Price bounced strongly from $0.853 low (+16.8%) but is now showing signs of exhaustion with declining volume after the initial spike. Strong downtrend remains intact: -36.39% (30d), -70.60% (1yr).
🔑 Key Support / Resistance Zones:
Support: $0.9300 / $0.8530
Resistance: $1.0060 / $1.0170 (EMA99) ⚠️ MAJOR RESISTANCE
⚠️ CRITICAL: Price FAILED to break above $1.006 and got rejected. EMA(99) at $1.017 is massive overhead resistance. Do NOT enter until confirmed breakout above $1.02 with strong volume.
📊 Volume Insight:
Volume DECLINING after initial spike - this is BEARISH. Volume was 10.82M FIL / 10.41M USDT but recent bars show weakening momentum. Need to see volume expansion above 15M USDT to validate any breakout above $1.00-$1.02 resistance zone.
⚠️ Risk Management Tip:
DO NOT ENTER YET - Wait for confirmation!
Entry Conditions:
1. 4H candle close above $1.020 (above EMA99)
2. Volume expanding above 15M USDT
3. No lower wick rejections
Stop-loss: $0.9200 (if entering)
After TP1, move SL to breakeven.
VERDICT: HIGH RISK - Price is at critical decision point. Could break out OR reject back to $0.93 support. WAIT for confirmation. This is NOT a "buy now" setup.
#cryptosignals #FIL #Filecoin #WaitForConfirmation 🚀📊
$FIL