Filecoin broke above $1 for the first time since May, with the price surging 20.1% and 24-hour trading volume skyrocketing 1,026% to $396.66 million. The RSI at 78.05 indicates overbought territory, and the price pulled back toward $0.97 after hitting $1.03. The $0.87 level is now a key support whose holding will determine whether the bullish move can continue. FVM activity remains modest at around 1,337 daily active addresses and $3.1 million in DeFi TVL, suggesting the rally is pricing in future growth rather than strong current network usage.
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