FIL showing weakness in the 24-hour window, barely keeping pace with the broader market. The token climbed 1.48% to $1.40 but that pales against crypto's collective +2.2% gain—a clear sign bears still have the upper hand.

On the technical side, there's a modest recovery: RSI bounced from oversold territory at 28 up to 36, suggesting some buying interest. The immediate support sits at $1.37, while resistance clusters around $1.43 to $1.50—a zone that'll determine if momentum can build.

But here's the catch: volume is thin and sector demand continues to fade. Without real conviction behind the bid, any bounce feels temporary. Meanwhile, the Fear & Greed Index holding at 29 reflects the cautious sentiment gripping markets right now. FIL needs either a catalyst or a broader market shift to break out of this downtrend.