Hello, traders! $FLM (Flamingo Finance) – this is an undervalued DeFi protocol on the NEO blockchain, combining DEX, staking, and yield farming into a single ecosystem. The current price on Binance is $0.0227, with an increase of +12% over the last 24 hours. Trading volume is $6.87M, market cap is $12.7M. Volatility is high (ATR ~5%), which is typical for altcoins with low liquidity.
Analytics: Technically, FLM broke the 20-day SMA ($0.021) and is testing resistance at $0.025. RSI ~55 (neutral, no overbought), MACD shows a bullish crossover with the histogram up. Fundamentally: NEO updates (Neo N3+) enhance interoperability, and FLM's TVL increased by 15% over the week to $5M. The altcoin market is reviving against the backdrop of BTC stabilization >$60K. Forecast: Short term +20-30% to $0.028-0.03 (CoinCodex/Binance), long term up to $0.12 by the end of 2025 (CoinLore), if DeFi hype returns. Risks: Overall altcoin correction (-10% possible).
Bullish scenario (probability 60%): Entry $FLM at $0.023 (support retest). TP1: $0.026 (+13%), TP2: $0.028 (+22%). SL: 3% ($0.0223) – considering volatility. Move SL to breakeven at +5%.
Bearish scenario (40%): Entry $FLM short at $0.025 (rebound). TP: $0.020 (-20%). SL: 4% ($0.026).
Risk management: Use 1-2% of the deposit per trade. Diversify!
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