Below is the latest updated information on Flamingo Finance (FLM) and the Futures trading strategy for the next 24 hours:
🧾 Current FLM price situation
• Current price: ~0.0310 USD
• 24h volatility: Increased ~0.0103 USD (equivalent to 49.88%)
• Lowest price of the day: ~0.0199 USD
• Highest price of the day: ~0.0429 USD
• 24h trading volume: ~78.55 million USD
• Market capitalization: ~16.6 million USD
📈 Technical analysis and short-term trends
• Current trend: FLM is in a strong upward trend, with an increase of nearly 50% in the past 24 hours.
• Short-term resistance: $0.0429 – if broken, FLM could aim for the $0.0450 mark.
• Strong support: $0.0199 – the price range that once recorded strong buying power during the day.
• Short-term forecast: According to predictions, FLM could reach $0.0312 by tomorrow, equivalent to an increase of about 0.64% from the current price.
📊 Futures trading strategy for the next 24 hours
1. Short-term Long strategy
• Entry point: If the price adjusts to the range of $0.025–0.028.
• Take profit target: $0.035–0.038.
• Stop-loss: Below $0.023.
• Note: The market is showing a strong upward trend, but caution is also needed with short-term adjustments.
2. Short-term Short strategy
• Entry point: If the price does not break through the resistance level of $0.0429 and shows signs of reversal.
• Take profit target: $0.030–0.028.
• Stop-loss: Above $0.045.
• Note: This strategy is suitable if the market shows signs of weakening after a strong increase.
⚠️ Important note
• Leverage: Use reasonable leverage to optimize profits but also be cautious of risks.
• Risk management: Always set stop-loss to protect capital and adhere to strict capital management principles.