🚨 $FLM /USDT – Breakout in Progress or Short-Term Hype? 🔥
$FLM just surged over 22%, hitting highs of $0.0446! Is this just the beginning, or will it fizzle out? Let’s break it down with the latest data and setups 👇
📊 Market Overview
📍 Current Price: $0.0409
📈 24h High: $0.0446
❄️ 24h Low: $0.0335
📊 Parabolic SAR: (Not provided – assuming uptrend continuation due to price > MA(7))
📉 MACD Momentum: (MACD values not shown – trend inferred from MAs and RSI)
• MA(7): 0.0407
• MA(25): 0.0396
• MA(99): 0.0357
• RSI(6): 54.77 (Neutral to bullish – room to grow)
📈 FLM Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If FLM Holds Above $0.040):
• Entry: Above $0.041
• Targets: $0.044, $0.047, $0.050+
• Stop-Loss: $0.038
🔹 Bearish Scenario (If FLM Breaks Below $0.038):
• Entry: Below $0.038
• Targets: $0.0355, $0.0330, $0.0300
• Stop-Loss: $0.041
🔍 Should You Hold or Sell?
✅ Price is trading above key moving averages (bullish signal)
✅ RSI shows moderate strength – uptrend has more room
✅ Breakout above $0.0446 could lead to acceleration toward $0.050+
⚠️ Loss of $0.038 could trigger a retest of lower support levels
💡 Pro Tip:
🚀 Volume spike supports this breakout – keep an eye on continuation patterns above $0.041
⚠️ Watch for rejection wicks at $0.045+ – could signal short-term exhaustion
📢 Are you in this breakout or waiting for a retrace? Let us know below! 👇
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