Markets· ★★· bearish·

Filecoin (FIL) drops 12.19% to $1.06 on volume 25% below average

  • —Price at $1.06 versus a $1.20 open, session low of $1.04
  • —Volume of $148.2 million, 24.92% below the 30-day average
  • —RSI at 49.5 is neutral while MACD stays bearish
  • —Price sits below the 7-, 15- and 30-day SMAs but above the 50- and 90-day
Why it matters: The drop came without elevated volume or a clear catalyst, so it does not confirm capitulation — a trend shift needs a rebound backed by volume.
Source: DiarioBitcoin