🌊 $FLOW /USDT – Bear Pressure Mounting, Oversold Signals Ahead? 🧨🔻
$FLOW is trading at $0.391, down -3.93% on the day. RSI is deep in the oversold zone, and price is rejecting short-term MAs. Sellers in control unless bulls defend key support.
📊 Market Overview
📍 Current Price: $0.391
📈 24h High: $0.412
❄️ 24h Low: $0.389
💸 Volume:
• FLOW: 4.04M
• USDT: 1.61M
📉 Moving Averages:
• MA(7): $0.396
• MA(25): $0.400
• MA(99): $0.416
📊 RSI(6): 27.35 (Oversold territory)
📈 FLOW Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (Relief Rally from Oversold Levels):
• Entry: Above $0.395
• Targets: $0.400, $0.408, $0.416
• Stop-Loss: $0.387
🔹 Bearish Scenario (Breakdown Continuation):
• Entry: Below $0.389
• Targets: $0.383, $0.375, $0.366
• Stop-Loss: $0.401
🔍 Analysis
• RSI below 30 = Oversold, but no reversal confirmed
• Price under all MAs = Strong downtrend pressure
• Volume tapering = Weak conviction from bulls
💡 Strategy Insight:
Look for bounce signs around $0.387, but don’t catch a falling knife. Safer play is to wait for reclaim of $0.400 or short breakdowns on retests.
📢 Are you fading FLOW weakness or riding the trend lower? Let us know! 🧭👇
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