$FIL has broken the trendline and is currently retesting it, showing potential for a significant rebound. The Weekly MA50 and MA100 are acting as strong support levels, setting the stage for a mid-term rally.
Mid-Term Targets
๐ฏ $10.536
๐ฏ $15.396
๐ฏ $19.324
๐ฏ $23.252
๐ฏ $28.844
๐ฏ $35.968
Why Add FIL to Your Portfolio?
Technical Setup: Key support levels indicate a bullish trend.
Growth Potential: Clear breakout targets for strong mid-term gains.
Market Sentiment: Increasing interest in decentralized storage solutions boosts demand for Filecoin.
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๐ Pro Tip: Monitor Bitcoin's movement, as broader market trends may influence $FIL's performance. Stick to your risk management strategy while positioning for potential gains.
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