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Article • Oct 11, 2023

Filecoin Encounters Resistance Near $3.4 as Sellers Exploit Shorting Gains

Filecoin
Filecoin Encounters Resistance Near $3.4 as Sellers Exploit Shorting Gains
Summary
  • Sellers have taken advantage of Filecoin's resistance near $3.4, resulting in shorting gains.
  • Despite a retracement to the bullish order block at $3.0, a solid price reversal is not imminent at the present moment.

Source: https://ambcrypto.com/why-a-bullish-reversal-remains-elusive-for-filecoin/

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