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$FLM /USDT – Bearish Reversal Setup Alert! 🔍
After a +5.18% rally to $0.0345,
$FLM is flashing early signs of exhaustion, with key indicators suggesting a short-term correction may be near.
📉 Current Price: $0.0345
📊 Volume: Weak at $826K – not supporting the move
📈 Daily Range Covered: $0.0322–$0.0350 = limited upside room
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📥 Entry Zone (Short):
• $0.0340 – $0.0345 (near resistance & 24h high)
🎯 Take-Profit Targets:
• TP1: $0.0335 (immediate support)
• TP2: $0.0330 (swing level)
• TP3: $0.0322 (24h low retest)
⛔ Stop-Loss:
• $0.0355 (above recent swing high — invalidation level)
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📊 Why This Short Setup Works:
1. 📉 Weak Volume – No strong buyer follow-through
2. ⚠️ RSI Overbought (LTFs) – Reversal likely
3. 🧱 Approaching Resistance – Price stalling at 24h high
4. 🕯️ Watch for Rejection Candle – Confirmation on 15m/30m chart
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💡 Risk Note: FLM has moderate volatility, so adjust position sizing accordingly. Use tight risk control due to narrow daily range.
👉 Trade here:
$FLM #BinanceHODLerSAHARA #FLMReversal #CryptoSignals #ShortSetup #ScalpingStrategy