$FLM

The current price of FLM is $0.0415, experiencing a massive increase of +29.69%, surpassing the previous consolidation area. The last candle is strong and is heading towards its highest level in 24 hours at $0.0446.

Trading setup (Momentum trading):

• Entry price: $0.0410 - $0.0415 (current price area)

• Profit target 1: $0.0440

• Profit target 2: $0.0460

• Stop loss: below $0.0385 (recent secondary support)

Strategy:

• Suitable for short-term momentum traders

• It is recommended to widen profit targets near $0.0446 - a retest of the breakout is possible

• Avoid large spikes - use tight stop orders when late buying momentum is strong, but be prepared for quick pullbacks after these sharp rises. Move stop loss orders if you are taking advantage of the breakout.