Filecoin FIL technical analysis

FIL trades at $0.831345, down 2.00% in 24 hours. Momentum is constructive but cooling, as 4h RSI14 at 60 and 1D RSI14 at 68 remain above neutral, yet the daily trend stays mixed with price below the SMA200 at 0.847436.

The immediate battle is around the 4h rising support trendline at ~0.832104, which has three touches, versus the 4h resistance zone 0.833151-0.83565, also with two touches. Below that, 4h support 0.8215-0.8256 and 1D support 0.82475-0.827249 are stacked; resistance above includes 0.83965-0.842149 and 0.858251-0.86075 on both timeframes.

Bulls need to hold price above 0.832104 and close beyond 0.83565 on the 4h to target 0.83965-0.842149. Bears need a break under 0.8215 to test 0.81025-0.81275, with further downside toward 0.7795-0.7841.