$FLM – Long Setup ⬆️
We're spotting a solid opportunity here on #FLM , where price action is hugging the 200MA (0.0288) — historically a reliable support zone. The chart is showing signs of strength after a pullback, with multiple confluences hinting at a possible rebound.
Why this setup stands out:
200 MA Support: Price is respecting the 200-period moving average. Strong historical bounce level.
Previous Sell-Off Overextended: A pullback from the highs (~0.0537) has likely found its base.
DCA-Friendly Zone: Great range to average in before a breakout.
🟢 Enter below 0.0290 — best approach is DCA (Dollar Cost Averaging) between 0.0285–0.0290 to optimize entry.
🔴 Set StopLoss at 0.0250 to protect capital in case of breakdown.
🎯 Targets - 0.0298 , 0.0310 , 0.0325 , 0.0350, 0.0400