Filecoin has been oscillating within a consolidation rectangle, and multiple technical signals are brewing for a breakout. This critical pattern is at a tipping point, with clear resistance and support levels on both sides. Once FIL breaks above the upper boundary of the consolidation zone, a bullish trend may follow. Recently, trading volume has been gradually increasing, which is often a precursor to a breakout. Traders should closely monitor the volume confirmation during the breakout—whether the trading volume can keep up will determine the sustainability of this move. The current balance of power between buyers and sellers is still in the process of rebalancing, and the next directional move may be just around the corner.
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AirdropHarvester
· 21h ago
It's the same kind of technical analysis nonsense again, always claiming an imminent breakout, but what happens? It just continues to sideways trade and torment us.
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SelfCustodyBro
· 21h ago
After all this time, are you finally going to move? Is the trading volume not enough, or is it all in vain?
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LiquidationWatcher
· 21h ago
ngl, volume confirmations hit different after 2022... seen too many fakeouts on those "breakout signals" fr. health factor's looking sus rn tho, keep those collateral ratios tight if you're long FIL. been there, lost that before.
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GasFeeBarbecue
· 21h ago
It's the same old story, a breakout in trading volume. I don't believe you at all.
Filecoin has been oscillating within a consolidation rectangle, and multiple technical signals are brewing for a breakout. This critical pattern is at a tipping point, with clear resistance and support levels on both sides. Once FIL breaks above the upper boundary of the consolidation zone, a bullish trend may follow. Recently, trading volume has been gradually increasing, which is often a precursor to a breakout. Traders should closely monitor the volume confirmation during the breakout—whether the trading volume can keep up will determine the sustainability of this move. The current balance of power between buyers and sellers is still in the process of rebalancing, and the next directional move may be just around the corner.