🚨 $FLM Setup 🚨
🎯 Targets:
TP1: $0.0420 🎯
TP2: $0.0450 🎯
TP3: $0.0490 🚀
📈 Technical Analysis:
$FLM is trading near a key accumulation zone between $0.0360 – $0.0395, showing signs of a potential reversal. A clean move above $0.0400 with volume confirmation could trigger a bullish breakout. The RSI is neutral on the 4H chart, with room to move upward, favoring upside momentum.
🔑 Key Support/Resistance Zones:
Support: $0.0330 – $0.0360
Resistance: $0.0420 – $0.0490
A strong hold above $0.0395 and reclaim of $0.0420 may set the tone for a broader move toward $0.0490.
📊 Volume Insight:
Monitor for a rise in volume above $0.0400 to confirm buyer strength. A breakout supported by volume tends to see stronger follow-through.
⚠️ Risk Management Tip:
Stop-loss at $0.0330. After TP1 is hit, move your SL to breakeven. Lock in profits progressively as targets are met.
#FLM #CryptoSignals #BreakoutSetup
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📌 Disclaimer:
This setup is for educational purposes based on technical indicators and chart analysis. Always perform your own due diligence and manage risk accordingly.