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$FIL is showing one of its strongest 4H moves in weeks, but this is where confirmation matters most.
Price exploded from the $0.67–$0.70 base and is now testing the psychological $0.80 resistance zone. The breakout has clear momentum behind it, but after such a vertical move, chasing here carries higher risk.
What I’m watching:
• $0.80–$0.81: Immediate resistance. A clean 4H close above this area could open the door toward $0.83–$0.85.
• $0.76–$0.78: First important retest zone. Holding here would show buyers are still in control.
• $0.70–$0.72: Major structure support if momentum cools off.
The key signal now isn’t just another green candle. It’s whether $FIL can turn former resistance into support.
Above $0.80 with volume = continuation setup.
Rejection + loss of $0.76 = deeper pullback risk.
Momentum is bullish, but the next retest will tell us whether this is a sustainable breakout or just an aggressive liquidity move.
#FIL #Filecoin #Crypto #Altcoins #Trading