Filecoin price drops to $1.29 as institutions buy the dip
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Filecoin price dropped from $1.32 to $1.29 within 24 hours, impacted by selling pressure at the $1.33 resistance level. Trading volume was 180% higher than average, and after a pullback at the $1.33 resistance, the price saw a significant rebound at the $1.28 support level, indicating institutional buying interest at key price points.
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