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FIL Technical Setup Alert
The 6-hour chart is showing a textbook bullish pennant formation. This pattern often precedes significant upside moves in crypto markets. Based on the current consolidation and breakout potential, a near-term rally of 50-60% looks quite feasible.
Filecoin's momentum has been building. The fundamentals supporting this asset remain solid, and technical confirmation on the chart backs up the bullish narrative. If the pattern holds and volume confirms the breakout, we could see this play out sooner rather than later.
Keep your eyes on FIL—this one has legs.