Filecoin (FIL) has successfully surpassed the $1.29 resistance level, reaching $1.32 as institutional inflows intensified buying pressure. The previous resistance at $1.29 is now serving as a support level, indicating a potential shift in market dynamics. Trading volume surged by 87%, reaching 2.9 million tokens, which confirms the upward movement. The formation of higher lows at $1.260, $1.277, and $1.291 suggests ongoing accumulation, pointing to sustained interest in the cryptocurrency. Market participants are now eyeing the next significant resistance zone between $1.330 and $1.335.