Long $FLM Trading Plan

Timeframe: 1H (Short-term strategy)

Hashtags: #NTC #NTCcapital

🔹 Entry Zone (Buy-in):

Safe entry: On a confirmed retest and hold above $0.0360 – $0.0370 (support formed from previous resistance).

Aggressive entry: Current price zone $0.0380 – $0.0385, but wait for confirmation candle to avoid a bull trap.

🔹 Stop-Loss:

Below recent swing low: $0.0340

Or more conservatively below $0.0310 (the most recent bottom).

🔹 Take-Profit Targets:

TP1: $0.0400

TP2: $0.0430

TP3: $0.0455 (previous high area)

🔹 Risk Management:

Use 2-4% of your capital depending on your risk tolerance.

Consider scaling in and out of the trade to manage volatility.

🔹 Technical Confirmation:

Monitor volume – continuation requires consistent buyer volume.

Use RSI or MACD to detect overbought or divergence signals.

Caution: The price has already made a sharp move; look out for exhaustion signs or fake breakouts.