$FLM /USDT BULLISH REVERSAL IN PLAY – LONG ENTRY SETUP
$FLM/USDT has surged with strong momentum, posting a sharp 13% gain and breaking above key short-term moving averages. The MA(7) is now crossing above MA(25) and MA(99), signaling a clear bullish shift in trend direction. High trading volume supports the upward breakout, suggesting renewed buying interest and potential for further gains if momentum sustains above resistance.
Technical Outlook:
Support Zone: 0.0210 – 0.0220
Resistance Zone: 0.0310 – 0.0340
Entry (Long): On confirmed breakout above 0.0310
Take Profit (TP): 0.0340 / 0.0370 / 0.0400
Stop Loss (SL): 0.0215
Risk Management:
Risk only 2% of capital per trade. Keep a strict stop loss below support to minimize downside exposure. Lock partial profits at each target and trail stops to protect gains as price advances.
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