$FLM 🥰 BOOOOOOOOOOM🤑🤑🤑🤑🤑
FLM/USDT Technical Analysis & Trade Setup
Current Price: $0.0425
24h Volume: $23.46M USDT — Very strong, indicates active interest, possibly institutional or coordinated trades.
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Chart-Based Technical Insights
Trend: Short-term bullish breakout forming
Volume Spike: Confirms momentum — likely entering a high-liquidity phase
Support Zone: $0.0395 – $0.0410
Resistance Zone: $0.0445 – $0.0475
RSI: Likely in 65–75 zone — nearing overbought, but trend still pushing
Moving Averages: Price may be above 20-EMA and 50-EMA — bullish alignment
MACD: Potential bullish crossover or widening of histograms — continuation signal
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Trade Strategies
1. Short-Term (Scalp/Day Trade)
Buy Zone: $0.0412 – $0.0420 (look for intraday pullback)
Targets:
TP1: $0.0440
TP2: $0.0465
Stop Loss: Below $0.0400
Risk-Reward: Approx. 1:2.5 (tight setup for volatility)
2. Medium-Term (Swing Trade)
Entry: Breakout and close above $0.0445 with strong volume
Targets:
TP1: $0.0475
TP2: $0.0520
Stop Loss: Below $0.0405
Trailing Stop: After price clears $0.0465
3. Long-Term (Position Trade)
Trigger: Weekly candle close above $0.0475
Accumulation Zone: $0.0400 – $0.0415 if trend sustains
Macro View: Track ecosystem updates and DeFi momentum — FLM tied to Flamingo Finance
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Key Levels to Watch
Support: $0.0395 / $0.0410
Resistance: $0.0445 / $0.0475 / $0.0520
Breakout Zone: $0.0445+ with volume
Volume Spike: Suggests smart money entry — monitor closely for continuation or fake-out