FIL Faces Selling Pressure at $2.50, Trades Nearly Unchanged
FIL Holds Near $2.43 After Testing $2.50 Resistance
September 9, 2025
Filecoin (FIL) traded relatively flat over the past 24 hours, moving within a $0.08 range between $2.41 and $2.50, showing around 3.3% intraday volatility, according to CoinDesk Research.
The token showed a V-shaped recovery during the session. FIL initially dipped from $2.44 to test institutional support near $2.41–$2.42 overnight before rallying to a morning peak of $2.50. Selling pressure at this resistance level saw institutional volume reach 4.7 million tokens, while the support zone held firm, with trading volume above the 24-hour average of 2.8 million units.
FIL was last trading near $2.43, down 0.3% for the day. The broader crypto market also slipped, with the CoinDesk 20 index falling 0.8% during the same period.
Key Technical Points:
- V-shaped recovery observed during 24-hour trading
- Strong institutional support at $2.41–$2.42
- Resistance confirmed at $2.50 by high-volume trading
- Intraday trading range: $2.41–$2.50 with 3.3% volatility
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