🔥
$FLOW Strongly Bearish but maybe a counter-trend bounce incoming? We're in a full-on downtrend, no sugarcoating it.
Volume-wise, the K-lines have been screaming capitulation: massive volume spikes (around 100M range) during the freefall from 0.367 all the way down to 0.118. Right now volume is still high but starting to taper off a bit—classic sign that the heavy selling might be easing.
Capital flow is ugly: spot and perps both showing steady outflows across every timeframe from 5m to 7D. We're talking consistent negative flows over -2M USDT multiple times. Retail and institutions are both heading for the exits.
*My take
$FLOW right now: Overall still strongly bearish, but I'm watching for a counter-trend bounce
- Entry idea: Dip buy near current levels 0.102–0.105 if you're feeling brave for a quick bounce play
- Safer entry: Wait for a clean break above Resistance at 0.179 — that would signal a potential trend reversal
- Stop loss: Gotta be wide here, 8-10% (ATR is 0.010 and we've seen 40% daily swings lately—volatility is insane)
- Target
$FLOW : R2 resistance at 0.184
Anyone else watching FLOW? You still holding or already out?
#flow #Flowusdt