$FLUX / USDT ā Surging Towards Resistance! Can It Break Through? š
$FLUX / USDT is currently trading around $0.3209 on Binance, showing a strong upward move of nearly 15%! Let's see if it has the momentum to break through the next key level.
Key Observations:
* Strong bullish momentum with significant green candles on the 4-hour chart.
* Approaching the 24-hour high of $0.3228, acting as immediate resistance.
* Showing increased trading volume, supporting the upward trend.
Potential Scenarios:
* Breakout Imminent? If FLUX can break and hold above $0.3228 with strong volume, we could see a push towards higher targets, potentially around $0.3300.
* Consolidation Below Resistance: It might consolidate just below this level before attempting another breakout.
* Possible Retracement: A temporary pullback is possible after such a strong move, with previous resistance potentially acting as new support around $0.3150.
Key Levels to Watch:
* Resistance: $0.3228 (24h High), $0.3300.
* Support: $0.3150, $0.3100.
Remember to always trade responsibly and conduct your own thorough research before making any trading decisions. Stay sharp and watch for that breakout!
