$FLM Longs Just Got Shaken Out – Major Liquidation at $0.0431
A brutal long liquidation worth $2.15K just hit $FLM at the critical level of $0.0431. This flush might be the spark before the ignition—a possible turning point for the next price action.
Here's what the smart money could be watching:
Technical Analysis Zone:
Buy Zone: $0.0410 – $0.0430
This range has become a high-interest area after the liquidation sweep. Price swept below support to liquidate over-leveraged long positions. If bulls reclaim $0.0430 with volume, it may confirm a bear trap.
Accumulation Signal:
The price tapped deep liquidity and is showing signs of stabilization. A strong bounce from this zone could suggest institutions may have engineered this move to reload.
Target Levels:
Target 1: $0.0462 (Previous resistance, minor take-profit)
Target 2: $0.0485 (Gap fill zone from earlier breakdown)
Target 3: $0.0520 (High liquidity magnet level)
Stop Loss:
Invalidation Level: Below $0.0402
A daily close below $0.0400 would signal deeper downside and invalidate this bullish setup. Stay alert if price shows weakness after reclaiming $0.0430.
Take:
The recent liquidation wasn’t random—it was a precise strike at a liquidity cluster. While weak hands are out, this could be the moment the market turns stealthily bullish. If volume flows in above $0.0430, $FLM could become the sleeper play of the week.
Keep your risk tight and eyes open—this chart is about to write a new story.