Current Price: $0.0442
Key Support Levels
1. Immediate Support: $0.0430
4-hour 50-EMA & recent swing low
2. Strong Support: $0.0420
Psychological level & previous consolidation zone
3. Critical Support: $0.0405
Must hold to prevent deeper correction (61.8% Fib retracement)
Key Resistance Levels
1. Immediate Resistance: $0.0450
Local high & minor liquidation zone
2. Next Resistance: $0.0465
Previous swing high (24-hour)
3. Upside Target: $0.0480
Major psychological resistance
Technical Indicators
RSI (1-hour): 53 (neutral, slight bullish bias)
MACD: Showing weak bullish momentum
Volume: Below average - needs confirmation spike
Order Book: Thin liquidity between $0.0435-$0.0445
Critical Fundamentals
1. Neo Ecosystem Updates:
Flamingo Finance protocol developments
Cross-chain bridge activity
2. DeFi TVL Changes:
Total Value Locked fluctuations in Flamingo pools
3. Market Sentiment:
NEO price action (FLM often correlates)
4. Whale Activity:
Large transactions (>10M FLM) on-chain
Scenario Analysis
Bullish Case:
Holds $0.0430 Break above $0.0450 targets $0.0465-$0.0480
Requires 30%+ volume increase
Bearish Case:
Loses $0.0430 Tests $0.0420 support
Break below $0.0420 could trigger drop to $0.0405
Neutral Scenario:
Range-bound between $0.0430-$0.0450
Trading Strategy
Aggressive:
Long above $0.0452 (stop $0.0438)
Short below $0.0428 (stop $0.0435)
Conservative:
Wait for confirmed breakout with volume
Watch 15-min RSI divergences
Key Risk Factors
Low liquidity Potential for 5%+ price spikes
High correlation with NEO/BTC movements
Typical low-volume Asian session volatility
Infographic Elements:
1. FLM logo with live price ticker
2. Color-coded support/resistance zones
3. Volume spike indicator
4. Bull/bear scenario pathways
5. Neo ecosystem correlation note
