FIL’s Bull Run Hits a Wall at $2.50: Filecoin Pares Gains to Trade Flat

Filecoin's native token FIL just slammed into a stubborn resistance level at $2.50—and the momentum hit a brick wall. After testing that key psychological barrier, gains evaporated faster than a trader's patience during a sideways market.

Resistance Holds Strong

The push toward $2.50 looked promising for a hot minute, but sellers swarmed in and choked the rally. FIL gave back nearly all its progress, settling right back where it started—another classic case of ‘buy the rumor, sell the news’ playing out in real time.

Market Watchers Unimpressed

Traders who were hoping for a clean breakout got a reality check instead. Filecoin’s failure to hold above $2.50 signals that, for now, the market’s not convinced—proving once again that in crypto, what goes up must come down… unless you’re Bitcoin, apparently.