Filecoin (FIL) surged 13.6% in 24 hours, posting a gain of nearly 20% from its recent low at $0.66. Daily trading volume reached $255 million, a 366% increase from the previous trading day. The $0.866 level is the key threshold to watch: a breakout above would confirm a higher timeframe trend shift. While buying pressure remains strong and the 4-hour chart shows a bullish structure, bulls failed to sustain a daily close above $0.833, keeping the overall structure in bearish territory.
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