๐ $FLMUSDT Chart Analysis! ๐
The $FLMUSDT 1D chart shows a strong bullish trend! ๐ After bouncing off the support at $0.0312, the price has surged to $0.0389, a 16.47% gain. The price is above the MA(7) at $0.0369 and MA(25) at $0.0338, indicating bullish momentum. Volume has spiked to 28.43M, supporting this upward move. However, the price is nearing resistance around $0.0410, where it previously faced rejection. ๐ If it breaks above this level, we could see a push toward $0.0450.$FLM
๐ก Strategy: For spot traders, consider buying around $0.0370-$0.0380, targeting a sell at $0.0420-$0.0430. Futures traders can enter a long position with an entry near $0.0385, setting a stop-loss below $0.0350 to manage risk. Use 1-2% of your portfolio to stay safe. โ Keep an eye on the $0.0410 resistanceโfailure to break could lead to a pullback to $0.0348 support.
๐จ Not financial advice. Always do your own research. #cryptotrading