FILE Price Breaks Above Key Resistance Level

FILE's price is stuck at $0.75 after a 3.46% daily drop, but the market dynamics suggest that smart money is loading up for a potential move higher.

The whale-dominated long positioning stands at 66.5%, and open interest surged by 7.59% in 24 hours, indicating significant accumulation below resistance.

The immediate Bollinger upper band at $0.78 is the key level to watch, as a clean break above this price could trigger a move towards $0.81 and eventually $0.86, aligning with the SMA 200.