$FLM has shown a modest decline of 0.893% over the past 24 hours, reflecting a weak downtrend. The price is oscillating between support at 0.0333 and resistance at 0.0374, constrained within Bollinger Bands, indicating low volatility. With Bitcoin’s influence being undefined, FLM may be responding more to macroeconomic factors such as inflation data and potential regulatory changes, which could introduce uncertainty. Traders might consider a short-term approach due to the current downtrend and tight trading range, but remain cautious of sudden price swings. A key takeaway is to monitor broader economic indicators and use risk management strategies given the potential for volatility in the crypto landscape.
