Filecoin (FIL) has been caught in a downtrend, but the technical setup is starting to hint at something different. The price recently reclaimed the $1.60 zone, printing a higher high on the chart—a classic textbook signal that sellers might be losing grip. If this momentum carries through, FIL could be setting up a run toward $1.75 as the next resistance test. Worth keeping an eye on the daily closes to confirm whether this potential reversal has real legs or just another fake-out.