$FLM is currently trading at approximately $0.0399 USD, reflecting an increase of about 23.99% in the last 24 hours. The price has been fluctuating between $0.0312 and $0.0407, indicating heightened volatility.
Technical indicators present a mixed outlook. The Relative Strength Index (RSI) is hovering around 70, suggesting that FLM is approaching overbought territory, which could indicate a potential price correction. The Moving Average Convergence Divergence (MACD) shows a strong bullish crossover, hinting at continued upward momentum.
For those considering a long trade, a confirmed breakout above the $0.0407 resistance level with sustained volume could signal a bullish trend continuation. Conversely, a drop below the $0.0312 support level might present a short trade opportunity, targeting lower support zones.
Beginner traders should exercise caution during such volatile periods. It's essential to wait for clear signals before entering a trade and always employ proper risk management strategies, such as setting stop-loss orders to mitigate potential losses.
Buy and Trade here $FLM