🚨 $FLOW /USDT – Breakdown Imminent or Bounce Brewing? 🧨
$FLOW is currently trading at $0.416, down -3.48% on the day, hovering just above its 99-day MA. With momentum weakening and RSI diving deep into oversold territory, is it time to watch for a bounce—or brace for a breakdown? Let’s dive in! 📉
📊 Market Overview
📍 Current Price: $0.416
📈 24h High: $0.446
❄️ 24h Low: $0.415
📊 Volume:
FLOW: 6.77M
USDT: 2.94M
📉 Moving Averages:
MA(7): $0.430
MA(25): $0.434
MA(99): $0.414 (Currently acting as fragile support)
📉 RSI (6): 22.11 (Oversold – bounce conditions present)
📊 MACD: Bearish, with no confirmed reversal yet
📈 FLOW Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If FLOW holds above $0.414 and reclaims $0.425+):
Entry: Above $0.428
Targets: $0.445, $0.465, $0.490
Stop-Loss: $0.410
🔹 Bearish Scenario (If FLOW breaks and closes below $0.414):
Entry: Below $0.412
Targets: $0.395, $0.380, $0.365
Stop-Loss: $0.428
🔍 Should You Hold or Sell?
✅ RSI at extreme lows = possible short-term bounce setup
✅ MA(99) support = key level to hold for bulls
⚠️ Break below $0.414 could open floodgates toward $0.38 and lower
💡 Pro Tip:
📌 A strong candle reclaiming $0.428 with increasing volume = potential swing trade
📉 Weak retest or rejection = expect further downside pressure
📢 Your move—are you catching this dip or staying on the sidelines? Sound off below! 👇
🔥 LIKE & SHARE if you’re finding these trade setups helpful! Let’s ride the volatility smart! 🚀