đ» $FLM/USDT â Bearish Reversal Setup Alert! đ
After a +5.18% rally to $0.0345, $FLM is flashing early signs of exhaustion, with key indicators suggesting a short-term correction may be near.
đ Current Price: $0.0345
đ Volume: Weak at $826K â not supporting the move
đ Daily Range Covered: $0.0322â$0.0350 = limited upside room
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đ„ Entry Zone (Short):
âą $0.0340 â $0.0345 (near resistance & 24h high)
đŻ Take-Profit Targets:
âą TP1: $0.0335 (immediate support)
âą TP2: $0.0330 (swing level)
âą TP3: $0.0322 (24h low retest)
â Stop-Loss:
âą $0.0355 (above recent swing high â invalidation level)
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đ Why This Short Setup Works:
1. đ Weak Volume â No strong buyer follow-through
2. â ïž RSI Overbought (LTFs) â Reversal likely
3. đ§± Approaching Resistance â Price stalling at 24h high
4. đŻïž Watch for Rejection Candle â Confirmation on 15m/30m chart
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đĄ Risk Note: FLM has moderate volatility, so adjust position sizing accordingly. Use tight risk control due to narrow daily range.
đ Trade here: $FLM

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