#Flamingo Finance ($FLM ) has recently experienced a notable price movement, reaching an intraday high of $0.0444 before pulling back to its current price of approximately $0.0360. This decline suggests a potential shift in market sentiment, opening up a short trade opportunity.

Trade Setup:

Entry Zone: $0.0390–$0.0400

First Target (TP1): $0.0350

Stop-Loss: Above $0.0425 to manage risk

As long as $FLM remains below the $0.0420 resistance level, selling pressure may persist, potentially driving the price toward the $0.0350 target. However, traders should monitor key support levels and market indicators closely, as a rebound above $0.0425 could invalidate the bearish setup.

It's essential to stay updated with the latest market trends and analyses when considering trading #FLM . Always employ proper risk management strategies to protect your investments.