🔍 FLUX Analysis – Double Bottom or Dead Cat Bounce? 🔍
⚡ FLUX is a trending altcoin in the Web3 infrastructure space. After months of decline, recent price action suggests a potential reversal—but traders remain cautious.
📈 Technical Analysis
- Short-term trend: Bullish reversal attempt
- Support: $0.2140 | Resistance: $0.2235
- Pattern: Double bottom forming on daily chart
- Volume: 1.74M FLUX traded, rising on green candles
- RSI: Recovering from oversold, now near 50
- Outlook: Bullish if price closes above $0.2235
📰 Market Data & News
- Current Price: $0.2216
- 24h Change: +1.79%
- No major headlines, but technical sentiment improving
🔄 Scenario Breakdown
- Bullish Case: Daily close above $0.2235 confirms reversal toward $0.2774–$0.30. TP: $0.277 / SL: $0.214
- Bearish Case: Drop below $0.2140 invalidates setup. TP: $0.195 / SL: $0.225
📊 Sentiment Meter
📈 Bullish Momentum – Double bottom setup, rising volume
⚠️ Risk Level
🟡 Medium – Setup forming, confirmation pending
💬 Will FLUX confirm the double bottom or reject $0.2235 again? Drop your chart view 👇
📊 Trade according to the plan—click the chart and execute with precision. Success favors the prepared. Let’s make this count. 💪 🙏 Like, Follow & Share to support quality crypto insights!
📢 Reminder: This is educational content. No guarantees, no advice—just charts, data, and perspective.
FLUX #TheCryptoMalik