📈 $FLOW / USDT Long Setup (1H)
The Thesis:
$FLOW is showing a textbook break-and-retest structure on the 1-hour chart. Price recently pushed above a heavy resistance level (marked by the red rectangular zone) and has now retraced to test this exact area as new support. We are seeing a bounce from this demand zone, indicating that buyers are stepping in to defend the level and push toward the upper range.
Direction: LONG 🟢
Optimal Entry Zone: $0.03680 - $0.03720
(Entering near current market price and scaling in down to the top of the red support box).
Stop Loss (SL): $0.03580 (1H close below the red zone)
(If the price drops and holds below the red box, the breakout fails and the setup is invalidated).
Trade Targets:
TP1: $0.03820 (Recent local swing high)
TP2: $0.03932 (Major upper resistance marked by the blue dashed line)
