🤔 Is $FIL heading back to its $0.98 floor after a 13% intraday drop?
📍 FIL $1.058 (-6.1%), rejected at $1.2236 today, Square's most-searched coin
✅ Range floor $0.98-1.00 held 3 times (Oct 2, 8, 15)
✅ 1D 50 EMA $0.99 sits right on that floor, RSI 50 neutral
⚠️ Trading under the 1D 20 EMA $1.09 into the daily close
⚠️ 5th failed push into $1.21-1.28 since Sep 26
🎯 My take: < $0.98 daily close = range breaks down; > $1.09 = back to mid-range
💬 Bounce at $1.00 or breakdown first? 👇
#Filecoin #Altcoins
📍 FIL $1.058 (-6.1%), rejected at $1.2236 today, Square's most-searched coin
✅ Range floor $0.98-1.00 held 3 times (Oct 2, 8, 15)
✅ 1D 50 EMA $0.99 sits right on that floor, RSI 50 neutral
⚠️ Trading under the 1D 20 EMA $1.09 into the daily close
⚠️ 5th failed push into $1.21-1.28 since Sep 26
🎯 My take: < $0.98 daily close = range breaks down; > $1.09 = back to mid-range
💬 Bounce at $1.00 or breakdown first? 👇
#Filecoin #Altcoins