$FIL BEARISH FADE – SUPPORT ZONE IN PLAY

📊 Trade Setup

- Entry Zone: $0.980 – $0.990

- Take Profit 1: $0.960

- Take Profit 2: $0.935

- Stop Loss: $1.015

Filecoin is slipping toward the $0.979 low after failing to hold above $1.045. Sellers are regaining momentum, and unless bulls reclaim $1.00–$1.01 quickly, FIL risks deeper downside continuation into multi-month lows.

🔎 Short Market Outlook

Momentum is bearish with lower highs forming on the 15m chart. Despite a 7-day bounce (+7.8%), broader trend remains weak with heavy losses across 30, 90, and 180 days (-22%, -39%, -56%). Key support sits at $0.960, and if broken, $0.935 becomes the next critical level. Resistance at $1.015 must be reclaimed to shift sentiment back toward neutral.

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