Filecoin Surges 2% as Bulls Hold Firm at Critical $2.38 Support
Filecoin defies gravity—for now—with a 2% bounce off a make-or-break level.
Why the $2.38 floor matters: Traders treated this zone like a meme stock's last hope, throwing bids at it like confetti at a crypto conference. And it worked—this time.
What's next: Either a springboard toward higher prices or yet another 'dead cat bounce' in the altcoin graveyard. Watch for follow-through—or lack thereof—like a hawk stalking prey.
Cynical footnote: Another day, another crypto 'rally' that wouldn't cover the gas fees on a Wall Street trader's latte.