🚨 $FIL : SUPPLY SHOCK AHEAD — CAN FILECOIN REBOUND? 🔥
Filecoin is back in the spotlight as traders watch a major token-supply milestone expected around October 15. Reports suggest annual FIL issuance could fall by roughly 75% as scheduled vesting ends, but the market still needs sustained buying demand to turn this catalyst into a lasting rally. <Cite refs={["turn405765search2","turn405765search10"]}/>
📊 Live Trading Analysis
💰 Price reference: Around $1.15
🟢 Support zone: $1.12–$1.15
🔴 Resistance: $1.26–$1.30
🚀 Bullish trigger: A strong candle close above $1.30 with rising volume could strengthen the recovery setup.
⚠️ Bearish risk: Losing $1.12 could expose the $1.00 area.
My strategy: Watch the support reaction and wait for breakout confirmation. The upcoming supply change is worth watching, but it does not guarantee a price increase.
🔥 Will $FIL break $1.30, or will sellers take control again?
Comment your target below 👇
#FIL #Filecoin #CryptoNews #Altcoins #LiveTrading #TechnicalAnalysis
Filecoin is back in the spotlight as traders watch a major token-supply milestone expected around October 15. Reports suggest annual FIL issuance could fall by roughly 75% as scheduled vesting ends, but the market still needs sustained buying demand to turn this catalyst into a lasting rally. <Cite refs={["turn405765search2","turn405765search10"]}/>
📊 Live Trading Analysis
💰 Price reference: Around $1.15
🟢 Support zone: $1.12–$1.15
🔴 Resistance: $1.26–$1.30
🚀 Bullish trigger: A strong candle close above $1.30 with rising volume could strengthen the recovery setup.
⚠️ Bearish risk: Losing $1.12 could expose the $1.00 area.
My strategy: Watch the support reaction and wait for breakout confirmation. The upcoming supply change is worth watching, but it does not guarantee a price increase.
🔥 Will $FIL break $1.30, or will sellers take control again?
Comment your target below 👇
#FIL #Filecoin #CryptoNews #Altcoins #LiveTrading #TechnicalAnalysis