Filecoin has been flying under the radar lately, presenting a potential opportunity for strategic entry at current price levels.

Looking at the bigger picture, FIL is still significantly below its all-time high of $236, currently trading around $3–$4. This suggests that the recent market fluctuations might just be short-term noise rather than a reflection of Filecoin’s long-term potential.

DCA Zone: A Strategic Approach
The red zone on the chart, ranging between $3 and $5, highlights an ideal area to begin Dollar-Cost Averaging (DCA) into your FIL position. DCA involves investing a fixed amount at regular intervals, regardless of the price, allowing you to lower your average cost basis and mitigate the impact of volatility.

Target Levels Identified
Potential target zones for FIL include $8, $12, and $20 as mid-term resistance levels. Over the long term, if the market conditions improve and demand for decentralized storage grows, FIL could aim for $50 or higher. Keep in mind, these are projections and actual price movements may vary.

Disclaimer: This is not financial advice. Always conduct your own research and consult a financial advisor before making any investment decisions.

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