[Filecoin]

With all technical analysis conditions which indicating the weakness, then selling pressure on the Filecoin cryptocurrency continues today toward its nearest support level.

Key Levels

1. Resistance. 2 : 0.951

2. Resistance. 1 : 0.922

3. Pivot : 0.897

4. Support. 1 : 0.868

5. Support. 2 : 0.843

Tactical Scenario

Pressure Zone: If the price breaks down below 0.868, there is potential pressure toward 0.843.

Momentum Extension Bias: If 0.843 is breached to the downside, Filecoin may continue weakening to 0.814.

Invalidation Level / Bias Revision

The downside bias is restrained if the price breaks above 0,951.

Technical Summary

EMA(50) : 0.895

EMA(200): 0.906

RSI(14) : 43.23

Economic News Release Agenda:

Tonight the United States will release the following economic data:

US - Core CPI m/m - 20:30 WIB

US - CPI m/m - 20:30 WIB

US - CPI y/y - 20:30 WIB