Technical analysis by vf_investment about Symbol FIL: Buy recommendation (8/17/2025)

hi traders Filecoin is not a very popular coin, but it will change soon. Entry Zone: Current levels around $2.56 represent a strong accumulation area. Pattern: Price has been consolidating within a long-term falling wedge, showing reduced volatility and volume compression – a classic setup for a breakout. Upside Potential: A breakout from this structure could target the $8.30 and later $10.27 zone. Final target: 13,400-14$ Psychological Factor: Market sentiment is still heavily bearish, which means buying now is buying cheap. Historically, such levels have preceded strong rallies. Volume: Noticeable accumulation spikes suggest smart money interest. Short-Term Path: Expect some sideways action and minor pullbacks before a potential sharp breakout. Filecoin is severely undervalued at current levels and may surprise everyone in the coming months with a strong upside move. This is a high-risk/high-reward setup, but the risk/reward ratio is favorable for long-term investors and swing traders.