$FLM Monitoring tags Rockets Up by an Incredible 82% This Week! 🚀💰
On the 1h timeframe, $FLM currently at $0.0436, surging by a massive +22%! The 24h high is $0.0454, with an enormous volume of 802M FLM and 30M USDT. The RSI is extremely high at 80, indicating intense overbought conditions after this massive weekly gain.
✅ Key Observation:
#FLM has experienced an explosive bullish surge this week, demonstrating incredible momentum in the Monitoring sector.
next Next Potential targets (extremely risky due to overbought conditions):
🎯 $0.0454 (24h high - immediate resistance)
🎯 $0.0500 (key psychological resistance level)
🎯 $0.0550 (potential next resistance level)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $0.0400 (potential near-term support zone)
🛑 Stop Loss: Consider a very tight stop loss to manage the extremely high risk associated with overbought conditions, perhaps around $0.0380.
📈 **Potential Price Path in the Immediate Future:**
#FLM's performance this week has been nothing short of phenomenal, with an 82% gain! The immediate target is the 24-hour high of $0.0454. A break above this level could lead to further rapid gains towards the psychological $0.0500 mark and potentially $0.0550. However, the extremely high RSI strongly suggests severely overbought conditions, making a sharp and significant correction highly probable. Exercise extreme caution and manage risk with utmost diligence. Consider securing profits.
Buy and trade here on $FLM