$FLM # FLM/USDT Trading Analysis & Potential Breakout Setup
## Current Price Action
- **Current Price**: $0.0438 (Ā„3.73) showing **+6.83%** gain
- **24H Range**: $0.0396 - $0.0466
- **24H Volume**: 332.02M FLM / $14.25M USDT
## Technical Indicators
- **RSI(6)**: 63.13 (approaching overbought but showing strong momentum)
- **Volume**: 5,693,539 with increasing MA(5) and MA(10)
- **Recent Performance**: Monitoring as a "Gainer" with clear upward movement
## Potential Trade Setup (Breakout Strategy)
**š¢ LONG ENTRY CONSIDERATION**
- **Entry Trigger**: Break above $0.0466 (24H high) with volume confirmation
- **TP Targets**:
- $0.0500 (psychological level)
- $0.0550 (next resistance zone)
- **SL Placement**: $0.0400 (below recent swing low)
**š“ SHORT SETUP (if reversal)**
- Would require break below $0.0396 with volume
## Key Observations
- The price is currently mid-range between 24H high/low
- RSI suggests momentum is building but not yet overbought
- Volume trends show increasing interest
## Comparison to AVAX Setup
Like the AVAX breakout alert, FLM shows:
ā Price approaching 24H high
ā Rising RSI with room to run
ā Volume confirmation needed for breakout
**Next 24H Critical**: Watch for test of $0.0466 level - a break with volume could see similar momentum to AVAX's current move.