FLM-USDT Analysis: Downtrend in a Changing Context 📊
Price Movement (Last 24 hours)
* 📉 General trend of FML: Clearly bearish, with a drop from 0.04088 to 0.03727 USDT.
* 🔻 Total decline: Approximately -8.8% in the last 24 hours.
* 📊 Price range: Between 0.03698 (minimum) and 0.04159 (maximum).
* 💧 Volume: Increased activity during the declining hours.
Relevant News
* 🔄 Changes in contract liquidation: Binance adjusted the frequency of funding rate liquidation for FLM/USDT perpetual contracts to every two hours starting from April 25.
What could this mean?
📉 The candlestick pattern shows a consistent bearish trend
with few signs of recovery.
🔍 The higher volume during the decline hours suggests that sellers are dominating the market.
👀 You could take advantage of technical rebounds for short positions with modest profit targets and tight stop-losses. Identify resistances at 0.0390 and 0.0410 for potential short entries.
This information is for informational and educational purposes only. Do your own research and analysis before investing.