$FLOW 🟢Post-Impulse Consolidation Structure
Entry Zone:0.0470 – 0.0485
Targets
TP1: 0.0518
TP2: 0.0560
TP3: 0.0610
Stop-Loss:0.0430
Analysis
$FLOW has recently witnessed a sharp impulsive surge, characterized by a strong vertical expansion that peaked at the 0.05182 resistance level. Following this peak, the price is currently undergoing a healthy corrective pullback.
The chart shows that the price is attempting to stabilize above the 0.0480 support region. The presence of lower wicks in the recent candles suggests that buyers are stepping in to absorb selling pressure near the moving averages. The current structure appears to be a consolidation phase after a rapid expansion, rather than a full trend reversal, indicating that the overall bullish momentum is cooling down but remains intact.
Outlook
As long as the price maintains its position above the critical support of 0.0437 (24h Low), the recovery structure remains valid. A sustained daily close above the 0.0518 mark would likely trigger a continuation of the bullish trend toward the next liquidity zones at 0.0560 – 0.0610. However, a breakdown below 0.0430 would invalidate this setup and suggest further downside testing.
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