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FIL could present a buying opportunity if it tests the $3 support
On September 21, Filecoin fell below the dollar 3.3 level. The short-term outlook has turned bearish. But on longer time frames, a clear trend is unclear for this altcoin. It is difficult to predict that this trend will change in the near future. In the broad scheme of things, two main regions stand out for FIL. These zones are critical for swing traders. We can view price movements as a range. So what does it take for a bullish comeback?
On August 17, FIL fell to 3.03 dollars. This level was tested again on September 11. However, the 12-hour session did not close below 3 dollars. The price fell as low as $2.95 and then a bullish reversal occurred.
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