🔍 FLUX Analysis – Oversold Flush or Bounce Setup? ⚡

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FLUX is a decentralized cloud infrastructure altcoin with strong tech fundamentals but volatile price action. While not a meme coin, its speculative nature and low price attract short-term traders. Today’s sharp dip and RSI suggest a potential reversal zone—or deeper downside.

📈 Technical Analysis

- Short-term trend: Bearish continuation

- Support: $0.2005

- Resistance: $0.2196, extended resistance at $0.235

- Pattern: Descending channel with lower highs

- Volume: Solid at 4.67M – active selling pressure

- RSI: 34.57 – oversold territory, bounce possible

- Moving Averages: MA(5) at 4.89M vs MA(10) at 3.75M – bearish divergence

- Short-term outlook: Bearish bias with reversal potential

📰 Market Data & News

- Current Price: $0.2042

- 24h Change: -4.98%

- No major headlines, but volume and RSI suggest capitulation phase

🔄 Scenario Breakdown

- Bullish Case: Break above $0.2196 with RSI recovery could test $0.235

- Bearish Case: Drop below $0.2005 may revisit $0.185

📊 Sentiment Meter

📉 Bearish Bias – Sellers in control, weak volume

⚠️ Risk Level

🔴 High – Volatile price swings, weak support, unclear trend

Will FLUX bounce off $0.20 or continue sliding toward $0.18?

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📊 Comment your bias: Bullish or Bearish?

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📢 Reminder: This is educational content. No guarantees, no advice—just charts, data, and perspective.$FLUX