🚨 $FIL Bleeding into support, reversal or trend continues ?

Right now, Filecoin (FIL) is clearly in a short-term downtrend, dropping toward the $0.82 zone with consistent selling pressure and lower highs forming on the chart. Even with strong fundamentals like the Onchain Cloud launch, the market is not reacting yet — which tells us one thing: price is currently driven by sentiment, not fundamentals. Sellers are in control, but we’re approaching a zone where reactions usually happen.

📍 Key Levels to Watch:

🔴 Resistance: $0.86 – $0.88

🟡 Mid Zone: $0.84

🟢 Strong Support: $0.80 – $0.81

⚠️ Breakdown Zone: Below $0.80

📊 What Could Happen Next?

📉 Bearish Continuation: If $0.80 breaks cleanly, expect a quick flush toward $0.75 levels (liquidity sweep possible).

🔄 Relief Bounce: Holding $0.80–$0.81 could trigger a short-term bounce back to $0.84–$0.86.

🚀 Bullish Scenario: Strong reclaim above $0.88 = trend shift, potential move toward $0.92+.

👀 Final Thought:

This is not the place to chase. Either wait for confirmation or let the market show its hand. Patience here = profit later.