FIL's Reversal Path: 3-Day Bottom Support Confirmed, The Rebound Begins

For investors关注Filecoin, FIL has reached a potential turning point. The current price is $0.95, down 6.00% over the past 24 hours, but from a deeper technical perspective, this is the night before a reversal— a bottom pattern is quietly forming.

Bottom Pattern Locked In, Support Level Established

On the 3-day moving average, FIL has repeatedly confirmed support in the bottom zone. This behavior of testing support at low levels is accumulating a strong foundation for a rebound. Confirmation of support means selling pressure is waning, and the bottom has been validated by the market. From a technical standpoint, this is the key to forming a reversal— the more solid the bottom, the more significant the subsequent rebound potential.

Data shows that FIL has declined 5.84% over 7 days. Although there is short-term pressure, it indicates that the bottom formation process is still ongoing. This bottoming process is preparing for the upcoming upward cycle.

Rebound Momentum Building, Reversal Near

As support is gradually confirmed, rebound momentum is accumulating beneath the surface. Technical indicators show that once FIL can effectively hold its current support level, the subsequent rebound space will be fully unlocked. This is the essence of a reversal— moving from despair at the bottom to hopeful turnaround.

From a medium-term trend perspective, the confirmation of the 3-day bottom creates favorable conditions for future gains. As long as support holds, a strong rebound wave will unfold naturally. For investors optimistic about FIL’s long-term value, this reversal point is a critical moment.