FIL Filecoin Double Bottom Chart PatternFIL (Filecoin) has shown an encouraging chart pattern with the formation of a double bottom, indicating the possibility of a bullish reversal. This pattern suggests that selling pressure may have reached a bottom, potentially leading to a shift in momentum.
With the double bottom pattern in play, FIL has the potential to experience an upward price movement, and your first price target of $5.60 seems within reach. As market sentiment improves and buying interest strengthens, FIL could witness significant price appreciation.
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