$FLM /USDT SHARP REVERSAL AFTER LOCAL HIGH — CAUTION AS SUPPORT GETS TESTED!
$FLM surged to $0.0367 but faced a sudden sell-off, now dropping back to $0.0330. The aggressive wick and bearish engulfing candle signal a potential short-term top, with buyers losing grip and price heading toward key support.
Trade Setup (Short):
Entry Zone: $0.0332 – $0.0336
Take Profit: $0.0315 / $0.0300
Stop Loss: $0.0355
Market Outlook:
The 15-min chart now reflects a reversal pattern after an extended rally. If $0.0328 fails to hold, downside continuation is likely. Watch for volume spikes and RSI dips for confirmation.
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