Here's a breakdown and analysis of the $FLM
/USDT
๐ Current Price
FLM/USDT: $0.0309
24h Change: +3.00% (price increase)
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๐ Price Movement (24h)
High: $0.0316
Low: $0.0293
Range: ~$0.0023 (โ7.8% daily range โ moderate volatility)
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๐ Volume (24h)
FLM Volume: 21.40M FLM
USDT Volume: $651,897.48
Vol (current candle?): 59,584 FLM
Suggests moderate liquidity; active, but not high-demand like major altcoins
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๐ Moving Averages
MA(5): 155,566 (This value looks like a volume moving average rather than price)
MA(10): 148,798 (Also likely volume MA)
Based on your formatting, no price-based MAs (like MA(5) = $0.0310) are visible โ let me know if you'd like to calculate them
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๐ Depth/Order Book Levels
Resistance Zone: $0.0312โ$0.0316
Support Zone: $0.0300โ$0.0296
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๐ง Quick Insights
Trend: Short-term bullish recovery (+3%)
24h High ($0.0316) is a key breakout point โ price is testing this zone
24h Low ($0.0293) shows recent demand around that level
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๐ Key Takeaways
Break above $0.0316 โ Could open path toward $0.032โ$0.034
Failure to hold $0.0304โ$0.0300 support โ May revisit $0.0293
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Would you like a candlestick pattern analysis, RSI/MACD indicators, or a trade setup idea (e.g., breakout vs. retracement strategy)?
#FLM #FLMUSDT #MarketPullback #SwingTradingStrategy #Write2Earn