#FLM/USDT UPDATE 📈🚀
$BTC reaching 100k is great, but with this, dominance has increased, and we are not seeing altcoins rising.
However, once this cools down, by that time, altcoins will have already corrected and may start booming again.
At that moment, I believe $FLM is going to hit 0.16 sooner or later.
Currently, from a breakout perspective, it has broken the daily resistance, and not just that—it has also retested it. On lower time frames like the 3-hour chart, it is performing well and behaving like a bullish coin.
From a Fibonacci perspective, it has just exited the golden zone, which serves as another confirmation.
From a volume perspective, this is the fifth consecutive day FLM has been above its average volume, indicating that buyers are interested. This suggests we could see either a sharp increase or a gradual climb toward 0.16.
However, before reaching 0.16, 0.1160 acts as a resistance level where consolidation or a pullback for correction could occur. Additionally, the zone between 0.1015 and 0.1050 has been a seller's zone. While it has been broken on lower time frames, it hasn’t been on higher ones, so this could potentially be a fake breakout.
Closely watch FLM’s movements; we may see a sharp breakout soon!
Always DYOR!