[Filecoin]
With all technical analysis conditions which indicating the weakness, then selling pressure on the Filecoin cryptocurrency continues today toward its nearest support level.
Key Levels
1. Resistance. 2 : 0.951
2. Resistance. 1 : 0.922
3. Pivot : 0.897
4. Support. 1 : 0.868
5. Support. 2 : 0.843
Tactical Scenario
Pressure Zone: If the price breaks down below 0.868, there is potential pressure toward 0.843.
Momentum Extension Bias: If 0.843 is breached to the downside, Filecoin may continue weakening to 0.814.
Invalidation Level / Bias Revision
The downside bias is restrained if the price breaks above 0,951.
Technical Summary
EMA(50) : 0.895
EMA(200): 0.906
RSI(14) : 43.23
Economic News Release Agenda:
Tonight the United States will release the following economic data:
US - Core CPI m/m - 20:30 WIB
US - CPI m/m - 20:30 WIB
US - CPI y/y - 20:30 WIB
