FileCoin Rapid Move in Progress—Key Levels to Watch, 27%+ gainsIn this video, I analyze the ongoing price action of CRYPTO:FILUSD (Filecoin) as it makes a strong move upward, confirming a pattern I’ve been tracking for a while. This is one of those high-momentum setups where price is moving aggressively, and I outline both the expected pullback zones and the next key resistance areas.
(And also as always, the potential value and price target for this coin are probably much higher than I suggest in this video… In all of my analyses, I am almost always finding for you the first place that price is likely to turn around in a swing trade scenario… I am a short term guy and that's where my head is at, so be advised forever and from now on.
I certainly believe this will go much much higher in the longer term.)
Based on the Bollinger Bands setup across multiple timeframes, price is currently pushing through key liquidity areas, and a short-term retracement is expected before continuation. My analysis suggests buy zones around $3.43 and $3.35, with a projected target near $4.36-$4.37 where price is likely to stall.
Key Market Observations & Trade Setup
🔹 Current Market Structure & Momentum
CRYPTO:FILUSD is making a strong push upward, already breaking through key moving averages.
Liquidity bands indicate significant order activity, confirming a powerful move.
Volume is already surpassing previous daily bars—suggesting sustained momentum throughout the day.
🔹 Expected Pullback Zones & Buy Opportunities
Price is likely to retrace to $3.43-$3.35 before continuing higher.
Bollinger Bands alignment confirms that this is where price should stabilize.
If price dips below $3.35, further downside is unlikely, and it would likely wick before resuming upward.
🔹 Projected Target & Resistance
$4.36-$4.37 is the next key resistance area where price is expected to stall.
This aligns with previous price action and liquidity zones, reinforcing its importance.
Any move beyond this level would require a significant breakout confirmation.
🔹 Psychological Barriers & Market Conditions
The $3.50 level is a psychological barrier, and price initially struggled to break it.
Given this structure, the most probable move is a slight retracement before another push higher.
Broader market conditions and volume trends support further upside in the short term.
Final Thoughts
COINBASE:FILUSD is in the middle of an expected rapid movement, and the next pullback zones should provide an opportunity for those looking to enter. My expectation remains that price will move up toward $4.36-$4.37 after retesting support in the $3.43-$3.35 region.
I’ll continue monitoring this move—trade smart and be ready for volatility! 🚀
