Filecoin Shows Rebound Potential While Chainlink Eyes Critical Resistance

Filecoin is currently testing the lower boundary of its trading channel, trading around $2.64 at the time of analysis. According to Ali, the TD Sequential—a widely used momentum-based indicator—has just flashed a buy signal. This technical cue often precedes short-term reversals, suggesting that FIL may be poised for a rebound after recent downward pressure.

The chart shared by Ali highlights a series of nine consecutive bearish candles, culminating in the buy signal on the TD Sequential. Historically, such patterns have preceded brief recoveries or a stabilization phase, making this a critical moment for traders watching FIL’s next move.

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Chainlink ($LINK) Faces Major Resistance at $15

On the other hand, Chainlink is approaching a decisive resistance level at $15. As Ali points out, this price zone is not only psychologically significant but also represents a concentration of “out of the money” holders—investors who bought above current prices and may look to exit at breakeven.

The accompanying data visualization shows a cluster of red bubbles around the $14.78–$15.22 range, representing high-volume addresses likely to sell at resistance. If LINK can break through this level with convincing volume, it may open the path toward higher highs and renewed bullish momentum.

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