FILE Price Prediction: Smart Money Bets on Imminent Upside Move
FILE is trading at $0.72 in a tight coil, and smart money is stacking longs at a near 2:1 ratio while open interest bleeds out, a classic pre-squeeze setup.
The token's price is wedged between a descending SMA7 at $0.75 and a rising SMA20 at $0.71, creating a mechanical squeeze that has to resolve.
Top traders on Binance Futures are positioned long at 64.4%, with a long/short ratio of 1.81, not a casual lean, but a directional bet.
The derivatives data suggests genuine demand pressure, not just passive positioning, and the taker buy/sell ratio is running at 1.86x, meaning aggressive buyers are consuming nearly twice the sell-side volume.
The bearish read: FILE remains structurally broken on the longer time frame, with the SMA200 sitting at $0.86, a full 19% above current price.