$FLM Faces Crucial Resistance After 270% Rally — What’s Next?

After surging 270% from its all-time low, Flamingo Finance ($FLM) is encountering significant resistance around the $0.055 mark. The price was firmly rejected at this level, and has since pulled back to retest the prior breakout zone near $0.047—a level that now acts as key resistance.

Technical analysts are closely watching this zone. If FLM can reclaim $0.047 and break through $0.055, momentum could push it toward the next target of $0.10, a level not seen in recent months.

However, FLM is known for volatile price swings, both upward and downward. With high beta movements, traders are urged to manage risk carefully.

FLM is part of the NEO ecosystem, with $GAS also showing increased activity—potentially signaling a broader ecosystem revival.