$FLM
FLM – Bullish Breakout Trade Setup
Breakout Level: $0.0393
Current Zone: ~$0.0405–$0.0410
Local High: $0.0410
Momentum: Strong, backed by rising volume
Entry Zone: $0.0404 – $0.0409 (ideal range after breakout retest or flag)
TP1: $0.0430 (minor resistance and psychological level)
TP2: $0.0460 (previous swing high / measured move target)
Stop Loss: $0.0389 (beneath breakout zone and EMA support)
$0.0400 Hold: Critical zone — if price consolidates above this with volume support, another impulse move is likely
Volume: Confirm breakout strength; surging buy volume = higher chance of TP2 hit
RSI / Stoch: Likely elevated, but not overheated yet — room to push higher in strong momentum plays
If entering late, wait for:
1. Clean retest of $0.0400 as support, or
2. Breakout above $0.0410 with strong volume, indicating another wave is starting.
Use trailing stops above $0.0430 if looking to ride momentum beyond TP2.
trade here $FLM .