šÆ $FLM /USDT ā Silent Accumulation or Dead Cat Bounce? š±š
After a sharp decline from $0.0446 to the recent low of $0.0320, $FLM has stabilized and is now hovering at $0.0343, right around the MA(25). A potential shift in trend could be brewing ā but buyers still need to reclaim the MA(99) at $0.0362 for confirmation.
š Chart Insights: ⢠Flattening of the 7MA and 25MA ā momentum cooling
⢠Price holding a tight range above support
⢠Volume remains low, signaling quiet accumulation
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š Short-Term Trading Plan (Consolidation Breakout):
⢠Entry: $0.0342 ā $0.0345
⢠TP1: $0.0358
⢠TP2: $0.0369
⢠SL: $0.0330
š Mid-Term Play (if MA99 flips):
⢠Entry above: $0.0365
⢠TP1: $0.0388
⢠TP2: $0.0415
⢠SL: $0.0348
š§ Pro Tip: If $FLM holds above $0.0340 and breaks the 99MA on strong volume, it could lead to a trend reversal.
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