FIL breaks out of triangle!

Filecoin (FIL) breaks out of a triangle pattern, targeting the $3.55 resistance. Holding above $3.38 (SMA 9) supports bullish momentum, with $3.14 as key support.

2/23/20251 min read

Filecoin (FIL) tests the $3.55 resistance after breaking out of a triangle pattern. SMA 9 at $3.38 s
Filecoin (FIL) tests the $3.55 resistance after breaking out of a triangle pattern. SMA 9 at $3.38 s

📊 FIL recently broke out of a triangle pattern, gaining momentum as it moves toward the key $3.55 resistance.

Key Levels to Watch:
Resistance: $3.55 → Price is testing this level, and its reaction here will be crucial.
Support: $3.14 → If the price faces rejection, this zone could act as strong support.
SMA 9: $3.38 → Currently supporting the uptrend, showing short-term bullish momentum.
For now, all eyes are on $3.55.
If you have any thoughts, let me know.