$FLM /USDT short tread single 🔴 🚦
SHORT TRADE SIGNAL – REJECTION AT RESISTANCE, BEARS TAKE CONTROL!
$FLM dropped -3.77% after failing to hold above the $0.0411 resistance. Price is now hovering near the 24h low of $0.0380, with bearish pressure increasing on the 1H and 30m charts. Momentum indicators point to a likely continuation of the downtrend.
Trade Setup (SHORT):
Entry Price: $0.03850 – $0.03990
Target 1: $0.03720
Target 2: $0.03560
Stop Loss: $0.04090
Why Short?
$FLM printed a clear rejection wick at $0.0411 and failed to regain any strength despite high volume (52M FLM). The lower high structure confirms sellers are in control. As long as price stays below $0.03990, downside pressure should continue.
Risk Management Tip:
Stick to your stop loss above $0.04090. If the trade moves in profit, trail your SL to breakeven and lock gains near support levels.
Sell smart — don’t chase green candles when the trend is turning red!
Buy and Trade here on $FLM
