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FIL/USDT - Technical Review
Filecoin's trend still maintains a bearish structure, and this recent upward move is more of a rebound rather than a reversal. After bouncing from the lower demand zone, the price is now exactly at a previous important resistance area. This supply zone has acted multiple times before, and in the short term, it is indeed a watershed. If the price cannot effectively break through this area, it may continue to face pressure; conversely, only if it stabilizes can an upward continuation be considered. Overall, in the short term, close attention should be paid to the performance around this resistance level.