Filecoin caught some bullish momentum lately. Over the past 24 hours, FIL climbed 4.98%, outpacing the broader market's modest 0.56% gain—worth paying attention to.
From a technical standpoint, the setup looks interesting. RSI dipped to 39.9, signaling oversold conditions, while MACD is flipping bullish. The $1.20 level is holding strong as support. Volume's another tell: trading activity surged 140% above average, which usually means serious players are accumulating. Watching the $1.20 to $1.30 zone closely—whale wallets have been stacking positions there. Could this be the start of something, or just a technical bounce? The data suggests the former, but always verify with your own analysis.
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MetaReckt
· 12-21 04:56
This wave is really interesting, with a 140% Trading Volume not being a joke.
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Whales are accumulating wildly in the 1.2-1.3 range, I'm betting it will break 1.3.
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It's both oversold and MACD has turned red, technically it has been activated, but don't be fooled.
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With a 4.98% rise crushing the market, there must be insider information or it really is about to da moon.
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A bunch of people are saying technical bounce, I just want to ask how BTC is moving...
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The support level holding steady is indeed a good signal, just see if it can stand above 1.3.
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A surge in Trading Volume like this is generally not simple, someone might really be quietly building a position.
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RSI 39.9... this number is a bit too perfect, it feels like Accumulation.
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CascadingDipBuyer
· 12-21 04:55
Whales are lying in ambush in the 1.2-1.3 range, it's likely not just a simple rebound...
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The RSI is at 39.9, it should bounce back a bit, just depends on how high it can go.
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With a trading volume of 140%, it seems like someone is quietly building a position this time.
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If 1.2 holds, it will get interesting; if it breaks this support, it might need to go back and wait a bit.
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Is this wave of FIL real or just a false signal? We need to see how it performs in the next few days.
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The trading volume is so strong, I'm a bit tempted... but I'll wait to see if 1.3 can be taken out.
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By the way, whales are hoarding; should we retail investors follow or wait? I'm conflicted.
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MACD has turned positive, and RSI is climbing up from the abyss; this combination is quite interesting.
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BlockchainNewbie
· 12-21 04:49
What the hell, FIL is up again? The whale is accumulating chips.
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GateUser-7b078580
· 12-21 04:45
A rise of 4.98% looks good, but wait, the miners are going to eat another wave of gas fees. Let's wait and see.
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JustHereForAirdrops
· 12-21 04:39
FIL is stirring again, this time it can't be just hot air
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140% Trading Volume? Is the Whale buying the dip or dumping... we'll have to see how it goes later
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The 1.2 to 1.3 range is hot again, it's the same old story
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Oversold rebound or real reversal, it's a fifty-fifty chance, not daring to go all in
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The volume is so strong, it feels like someone is pushing the market, just waiting to see if it can break through
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Every day looking at these indicators, in the end, it still comes down to guessing... this coin FIL is too turbulent
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If the Whale is accumulating, then we'll follow suit, after all, we can't lose too much
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If 1.2 holds, there will be a chance; if it doesn't hold, it will go back to zero again.
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PhantomHunter
· 12-21 04:29
The recent rise is indeed a bit fierce, outperforming the market by a good margin.
Whales are accumulating at low levels; this signal can't be wrong, right?
After being oversold, there's a rebound; it's an old trick.
140% Trading Volume... Is someone accumulating?
$1.20 is being held firmly; it doesn't seem to be fluctuating randomly.
Don't just look at the technicals; you need to do your own research.
Can this truly break through, or is it just a trap? Time will tell.
Filecoin caught some bullish momentum lately. Over the past 24 hours, FIL climbed 4.98%, outpacing the broader market's modest 0.56% gain—worth paying attention to.
From a technical standpoint, the setup looks interesting. RSI dipped to 39.9, signaling oversold conditions, while MACD is flipping bullish. The $1.20 level is holding strong as support. Volume's another tell: trading activity surged 140% above average, which usually means serious players are accumulating. Watching the $1.20 to $1.30 zone closely—whale wallets have been stacking positions there. Could this be the start of something, or just a technical bounce? The data suggests the former, but always verify with your own analysis.