$FLM
USDT BULLISH BREAKOUT WATCH – READY FOR THE NEXT SURGE? 🚀
FLMUSDT is forming a falling wedge pattern on the 1H chart, signalling a potential bullish breakout ahead. Currently trading at 0.0337, the price is squeezing into the wedge’s apex, suggesting buyers may soon regain control.
🔑 Key Levels:
Support: 0.0330
Resistance: 0.0345 (immediate), 0.0352 (24h high)
Current Price: 0.0337
🎯 Trade Setup:
Entry (Long): 0.0336 – 0.0338 (confirmation breakout zone)
Take Profit Targets:
➔ TP1: 0.0345
➔ TP2: 0.0352
➔ TP3: 0.0360 (extended target)
Stop Loss: 0.0330 (below wedge support)
📈 Market Outlook:
FLMUSDT shows bullish momentum as it approaches wedge resistance. A successful breakout with strong volume could initiate a swift move towards the 0.0350 – 0.0360 zone. However, failure to hold above 0.0330 will invalidate this setup.
⚠️ Risk Management:
Risk only 1-2% of your capital per trade. Always wait for a clear breakout candle close above wedge resistance to avoid false breakouts.
buy and trade here on $FLM
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