FIL/USDT – Honest Outlook

The weekly chart is clear: FIL is still in a bearish trend. From its ~$11 high, price has kept forming lower highs, which shows long-term weakness despite a solid use case.

Yes, Filecoin has real utility (decentralized storage), but price doesn’t move on use case alone. Heavy token supply, weak demand, and better-performing alternatives have kept FIL under pressure.

The $0.9–$1 zone may look cheap, but no confirmed trend reversal yet.

Smart approach:

Spot buying only with small DCA, avoid leverage.

A real recovery needs trend change + strong volume, not hope.

📌 Utility builds value, but market demand decides price