๐ FLUX Analysis โ Support Test or Trend Reversal? ๐
โก Flux, a trending altcoin in the decentralized cloud infrastructure space, is showing signs of technical stabilization. While momentum remains weak, its Web3 narrative keeps it relevant.
๐ Technical Analysis
- Short-term trend: Sideways with bearish undertone on 4H
- Support: $0.208
- Resistance: $0.225 and $0.238
- Pattern: Consolidation near support, no breakout yet
- Volume: Flat, no accumulation signals
- Indicators: RSI at 43, 20MA below 50MA
- Outlook: Neutral to bearish
๐ฐ Market Data & News
- Price: $0.2173
- 24h Change: -1.6%
- No major headlines or partnerships
๐ Scenario Breakdown
- Bullish Case: Break above $0.225 with volume could target $0.238
- Bearish Case: Drop below $0.208 confirms continuation toward $0.195
- TP/SL Logic: TP at $0.238, SL below $0.207
๐ Sentiment Meter
๐ Neutral โ Range-bound, no clear direction
โ ๏ธ Risk Level
๐ก Medium โ Some signals align, but confirmation needed
๐ฌ Will FLUX reclaim $0.225 or break lower? Share your take below ๐
๐ This trade is part of a bigger pictureโclick the chart and take your position. Letโs build long-term success, one setup at a time. ๐ฌ Like, Follow & Share to stay ahead of the curve.
๐ข Reminder: This is educational content. No guarantees, no adviceโjust charts, data, and perspective.
FLUX #TheCryptoMalik