$FLUX just saw a short liquidation of $1.0096K at $0.27383. This correction is healthy as it’s part of the consolidation phase after the recent bullish push, allowing the market to reset before making the next move.
Trade Setup:
Entry Zone: $0.2720 – $0.2750
Target 1 (TG1): $0.2810
Target 2 (TG2): $0.2880
Stop Loss (SL): $0.2680
This zone is strong because it aligns with previous support from mid-October and sits near the 0.618 Fibonacci retracement level of the recent swing. I’m watching closely as they’re building strength here; if this level holds, it could fuel the next upward leg.
Market momentum shows buyers stepping in around this area, and the short squeeze adds fuel to potential bullish continuation. Keep an eye on volume spikes for confirmation.
