Filecoin Jumps 8.12% to $1.03 on Short Squeeze
- —FIL +8.12% to $1.03, volume 82.63% above the 30-day average
- —RSI at 66.4, MACD histogram positive — momentum without extreme overbought conditions
- —+35.68% over 30 days, but -54.28% year over year
- —Immediate resistance at $1.10, key support at $1.00
Why it matters: FIL's rally is driven by a market-wide short squeeze and altcoin rotation rather than protocol fundamentals, raising the risk of a pullback.
Source: DiarioBitcoin