[Coin World] FIL has really fallen hard today. It has experienced a big dump of over 10% in the last 24 hours, dropping directly to 1.46 dollars, even worse than the overall market.
From a technical perspective, the support level at $1.58 has been completely breached. Now, there is a thick stack of sell orders around $1.47, becoming the new ceiling. Interestingly, the trading volume has surged by 32.7% compared to the average level over the past week—this wave of selling pressure is real, not an illusion.
However, speaking of which, the price at the position of 1.46 dollars seems to be a bit sluggish. Will it take a breather here? The short-term trend is a bit ambiguous, as if it wants to take root and stabilize in this support area.
Filecoin holders, you should keep a close eye on the market recently.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
BlockchainBard
· 6h ago
Here comes FIL again, another fall, it's frustrating.
---
Can 1.46 still take root? I think it's unlikely, it depends on how aggressively retail investors can buy in.
---
Volume surged by 32.7%, indicating that someone is taking the opportunity to dump, this rhythm seems off.
---
Falling harder than the overall market... indeed, mainstream tokens are the real traps.
---
When the support level is lost, what's the next support level? Does anyone know?
---
Dragging along? I see this as testing the bottom, preparing for another round of dumping.
---
Holders, keep a close eye on the market data; rather than just watching, it’s more like praying, haha.
---
1.58 couldn't hold, is this a signal?
---
A thick stack of sell orders piled up there, it’s hard to rebound.
View OriginalReply0
mev_me_maybe
· 7h ago
This wave of FIL really caught everyone off guard, once it breaks 1.58, is there no rebound space left?
It should have been dumped earlier, the technicals for this thing are terrible.
1.46 is rooted? I think it's going to continue to dip...
Holders are probably not sleeping well at this time, haha.
The sell orders are so thick, waiting for a rebound to sell is not too late.
View OriginalReply0
RetroHodler91
· 7h ago
Another fall... This time it really broke through, couldn't hold the line at 1.58
FIL holders must be getting wiped out now, haha
Is it a chance to buy the dip or continue to stand by, let’s see if 1.4 can hold
This wave of sell pressure is definitely serious, with the volume spiking so high
Waiting for a rebound, feels like bottoming out, but it could also continue to drop
View OriginalReply0
StakoorNeverSleeps
· 7h ago
Damn, it's falling again, is FIL going to die?
---
If it can't hold 1.46, it's really over for me and my coin, sob sob.
---
The volume is soaring so fiercely, it feels like it’s going to keep crashing.
---
Buy the dip, buy the dip, let’s see if we can get a rebound.
---
I’m watching the fall list every day, FIL is always in the top three.
---
Could this be the bottom taking root? Anyway, I dare not increase the position.
---
With sell orders so thick, a rebound will be tough.
View OriginalReply0
MetaverseLandlady
· 7h ago
It has fallen again, what is FIL playing at?
The selling pressure is so fierce, I really want to buy the dip but I don't dare to take action.
Let's see if it can hold above 1.46, otherwise it will continue to break down.
FIL fell over 10% in a single day, and the technical indicators show that the key support level has been breached.
[Coin World] FIL has really fallen hard today. It has experienced a big dump of over 10% in the last 24 hours, dropping directly to 1.46 dollars, even worse than the overall market.
From a technical perspective, the support level at $1.58 has been completely breached. Now, there is a thick stack of sell orders around $1.47, becoming the new ceiling. Interestingly, the trading volume has surged by 32.7% compared to the average level over the past week—this wave of selling pressure is real, not an illusion.
However, speaking of which, the price at the position of 1.46 dollars seems to be a bit sluggish. Will it take a breather here? The short-term trend is a bit ambiguous, as if it wants to take root and stabilize in this support area.
Filecoin holders, you should keep a close eye on the market recently.