Filecoin (FIL) came under renewed selling pressure, slipping from $1,32 to $1,29 as bears probed key support. The move occurred on elevated volume and immediately placed the $1,28 level at the center of short-term risk, defining the near-term technical battle for traders and allocators.
FIL traded inside a clear bearish channel on 23 de dic. de 2025, registering a drop from $1,32 to $1,29 while trading volume spiked about 180% above average during a rejection at $1,33. That combination of higher-than-normal volume and price rejection is consistent with institutional distribution, according to market-flow signals cited in reporting. Immediate support sits at $1,28; a decisive breach of that level would likely expose $1,26 as the next stop and could extend downside toward the $1,17–$1,20 zone if selling intensifies.
The recent pattern follows earlier December volatility. On 11 de dic. de 2025 FIL fell 7,3%, breaking $1,43 and settling near $1,38 after an 85% volume surge tied to a failed breakout at $1,52. Around 16 de dic. FIL again tested lower levels, dipping to $1,28 with a roughly 185% jump in volume, underscoring repeated institutional involvement on both sell-offs and rebounds.
A brief recovery on 22 de dic. pushed FIL above $1,29 to $1,32, and intraday higher lows at $1,260, $1,277 and $1,291 indicate intermittent buying interest at lower prices.
Price action and key levels for Filecoin
Market participants cited by the coverage frame the weakness largely as sentiment-driven and linked to short-term institutional flows rather than a collapse in network fundamentals. Viktoras Karapetjanc of Traders Union noted that Filecoin’s network utilization and recent enhancements provide underlying support, implying that accumulation by larger players has appeared around lower-price bands. Anton Kharitonov described the short-term outlook as defensive and highlighted that a sustained bullish reversal would require FIL to reclaim $1,43.
Technically, the current environment favors sellers until FIL clears $1,33–$1,43 on meaningful volume; failure to hold $1,28 increases the probability of continuation toward lower support bands. For traders, the elevated volume spikes mean that moves are likely to be amplified by institutional-sized orders; hedging and tighter risk controls are prudent when trading around these pivots. Operational takeaway: short-term sell signals dominate, but tactical accumulation has shown up at the $1,28 battleground.
Filecoin sits at a critical inflection: reclaiming $1,33 would relieve immediate bearish pressure, while a breakdown below $1,28 would validate the bears and open the path to the $1,17–$1,20 range.
