$FLM ā ļø FLM Bearish Market Alert! šš | Sellers in Control & Momentum Weakening š„š
FLM Token (FLM) is showing bearish signals, with technicals and on-chain activity indicating that sellers are dominating šā ļø. The token is struggling to hold support, suggesting potential continuation of the downtrend.
š Technical Snapshot:
FLM is testing key support levels š”ļøš, with the RSI trending downward šÆšā”ļøš, reflecting weakening buyer strength. The MACD shows a bearish crossover ā”š», confirming momentum favors the bears. Volume on red candles is rising š“š, indicating strong selling pressure.
š¹ Market Behavior:
Sell volume is outweighing buy volume š š, and FLM price is approaching lower support zones š”ļøš. If selling persists, further downside is likely šØš. Traders should watch for potential breakdown confirmations.
š On-chain & Sentiment Insights:
Whales are distributing FLM š¦š³, and exchange balances are rising šš¦ ā showing confidence among large holders to sell. Social sentiment is cooling š„š¢, with lower community engagement šš±, reinforcing the bearish trend š„š».
ā ļø Risk Management:
Bearish conditions require caution āļøš§Æ. Avoid chasing losses, manage risk properly, and wait for confirmed breakdowns. Patience pays off š°ļøš°.
ā Bottom Line:
FLM is in a bearish market phase, supported by weakening technicals, whale distribution, and declining sentiment. Continued selling pressure could push the token lower ššš.
ā ļø Not financial advice ā always DYOR! š§ š