$FLM
FLM/USDT – Technical Analysis | Binance
Current Price: $0.0430 (-16.18%)
24h High: $0.0514 | 24h Low: $0.0423
24h Volume: 141.43M FLM / 6.55M USDT
FLM has experienced a strong correction, dropping over 16% from its daily high. However, support around $0.042 is holding, and the current price zone could present a potential rebound opportunity.
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Technical Overview:
Support Zone: $0.0423 – daily low and key bounce area
Resistance Zone: $0.0514 – recent high
Trend: Bearish short-term, but signs of stabilization
Indicators:
RSI: Near oversold – possible reversal ahead
MACD: Weak but flattening – early signs of a bottom
Volume: Moderate – may increase on reversal attempt
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🎯 Bullish Recovery Targets:
1. Target 1 – $0.0480:
First short-term resistance. A breakout here may attract intraday buyers.
2. Target 2 – $0.0536:
Depth resistance level. Momentum needs to build to reach this zone.
3. Target 3 – $0.0557:
Major resistance and full recovery level from the recent drop. Strong move required to reclaim.
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Conclusion:
FLM is in a pullback phase but may find short-term support near $0.042. Watch for buying pressure and breakout above $0.048 to confirm upward momentum.
